Page 12 - Retail Inflation

A long battle against inflation

Containing inflation remains challenging

Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows

FinMin blames adverse base effect, increase in food and fuel prices

Rise in retail inflation due to high food prices, adverse base effect: Govt

Inflation in "oils and fats" and"pulses and products" have moderated to 5.62 per cent and 2.52 per cent, respectively, the Finance Ministry pointed out

Steps to check prices will be felt more significantly in few months: FinMin

The Finance Ministry on Monday attributed the rise in inflation to base effect and increase in food and fuel prices, and stressed that initiatives taken by the government to curb price rise will be felt more significantly in the coming months. According to the data, the retail inflation inched up to 7 per cent in August from 6.71 per cent in July. The ministry further said that the core inflation, which is calculated by excluding the transient components of CPI --'food and beverages' and 'fuel and light' at 5.9 per cent remained below the tolerance limit of 6 per cent for the fourth consecutive month. "The headline inflation based on retail CPI recorded a moderate increase from 6.71 % in July 22 to 7.0 % in August 22. This increase is attributable both to an adverse base effect and an increase in food & fuel prices - the transient components of CPI inflation," the ministry said in a series of tweets. This is the second instance since RBI adopted the inflation targeting approach ...

India's retail inflation rises to 7% in August; July IIP tumbles to 2.4%

India's retail inflation has been above RBI's upper tolerance limit of 6% for eight consecutive months

Top headlines: Retail inflation rises to 7% in August; AI leases 30 planes

India plans to pay about Rs 20,000 crore ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices

Sensex rises 322 pts, Nifty tops 17,900 amid global rally; IT stocks shine

CLOSING BELL: Tech M, Titan, Axis Bank, Infosys, Ultratech Cement, Bajaj Finance, Tata Steel, Wipro, RIL, and TCS were the top large-cap winners

India's retail inflation likely rose in Aug, ending 3-month downtrend: Poll

Food inflation, which accounts for nearly half the consumer price index (CPI) basket, is expected to have soared as prices of essential crops like wheat, rice and pulses were driven higher

Retail inflation likely to ease below 6% by March quarter, say analysts

Despite signs of inflation having peaked in India, the outlook remains highly uncertain, members of the central bank's monetary policy committee said in their report

Retail inflation may remain elevated despite easing in July: Report

India's headline retail inflation that eased for the third straight month in July is expected to remain above the central bank's upper tolerance range in the near term, analysts said

July retail inflation eases to 6.71% on food prices, stays above RBI target

Among the sub-groups, inflation for vegetables was 10.90 per cent compared with 17.37 percent in June

Inflation trajectory may be benign going forward, says SBI report

The Reserve Bank of India has raised the repo rate by 140 basis points to 5.40 per cent since May to tackle high inflation

Is the worst of inflation behind us?

India's retail inflation has eased to 6.78% in July due to a fall in prices of food and fuel, according to Reuters. But it is still pinching people's pockets. Can we expect relief in the coming days?

Worst of inflation behind us; mkt recovery to continue: Emkay's Sachin Shah

The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers

Retail inflation for industrial workers eases to 6.16% in June: Ministry

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain food items and petrol. "Year-on-year inflation for the month stood at 6.16 per cent compared to 6.97 per cent for the previous month (May 2022) and 5.57 per cent during the corresponding month (June 2021) a year before," a labour ministry statement said. It said the food inflation stood at 6.73 per cent in June against 7.92 per cent in the previous month and 5.61 per cent in June 2021. The all-India CPI-IW (consumer price index for industrial workers) for June 2022 increased by 0.2 points and stood at 129.2 points. CPI-IW was 129 points in May 2022. The maximum upward pressure in the current index came from Food & Beverages group contributing 0.20 percentage points to the total change. Potato, onion, tomato, cabbage, apple, banana, coriander, chilli dry, fish fresh, poultry chicken, vada, idli dosa, cooked meal, cooking gas, kerosene oil, ...

Despite fiscal steps, wheat, pulses and LPG see high inflation in July

The government announced a number of fiscal steps after overall inflation refused to come below six per cent since January this year.

GST changes from Monday may put pressure on retail inflation: Experts

Falling global commodity prices may neutralise the impact, say experts

India's retail inflation eases marginally in June, but rate hike on cards

The RBI has the mandate to ensure that inflation remains at 4%, with a margin of 2% on either side

Pointed attack on inflation will need to continue, says FM Sitharaman

Her remarks came hours after official data showed that retail inflation in June stood at 7.01%. The print was lower than 7.04% recorded in May but still higher than RBI's comfort level of 6%.

Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.