Page 17 - Retail Inflation

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Retail inflation for industrial workers rose marginally to 5.24 per cent in May 2021 from 5.14 per cent in April mainly due to increase in prices of certain food items and petroleum products, as well as higher mobile phone charges. "Year-on-year inflation for the month (of May) stood at 5.24 per cent compared to 5.14 per cent for the previous month (April 2021) and 5.10 per cent during the corresponding month (May 2020) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released ..

A question of compliance

Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime

RBI likely to maintain status quo in August policy, says SBI report

Retail inflation witnessed a significant uptick in May

Rising inflation risk

Ignoring it for long could increase longer-term costs

'Inflation spike in May might cause RBI to revisit focus on growth risks'

This is based on commentary from global forecasting firm Oxford Economics

Retail inflation jumps to 6-month high of 6.3% on higher food, fuel prices

Breaches RBI's comfort level in May on the back of costlier food items

Top headlines: CIL Q4 net drops marginally; May retail inflation at 6.3%

Business Standard brings you the top news of the evening

Indian monetary policy makers seen tolerating high inflation for growth

Data later today might show wholesale prices grew 13.3%, the highest rate in three decades, it's unlikely just yet to fully feed into consumer prices.

May retail inflation likely rebounded to 5.3% on higher food prices: Poll

Higher international prices for commodities including crude, edible oils and gold are clearly spilling over into consumer inflation, says an economist

Wholesale price index makeover on the cards, base year to be 2017-18

Green tea, sanitisers among items in bigger basket

Monetary policy: RBI keeps rates unchanged, cuts growth forecast

Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

Retail inflation for industrial workers eases to 5.14% in April

Retail inflation for industrial workers marginally eased to 5.14 per cent in April compared to 5.64 per cent in March, mainly due to lower prices of certain food items. "Year-on-year inflation for the month (April) stood at 5.14 per cent compared to 5.64 per cent for the previous month and 5.45 per cent during the corresponding month of the previous year," the labour ministry said in a statement on Monday. According to the statement, food inflation stood at 4.78 per cent in April against 5.36 per cent in the previous month. The same was at 6.56 per cent in April 2020. The All-India CPI-IW (Consumer Price Index-Industrial Workers) for April 2021 increased by 0.5 points and stood at 120.1 points from 119.6 points in March. In terms of one-month percentage change, it rose by 0.42 per cent in April compared to March this year while the increase was 0.92 per cent as against the same period a year ago. The maximum upward pressure in current index came from Food & Beverages group ...

A no-action policy with focus on growth

'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year

Inflation back on higher input prices, rural economy disruptions: Crisil

Higher input prices and disruptions to the rural economy have resulted in price pressures and inflation is back to haunt us, a rating agency said in its research report on Wednesday.

Retail inflation for farm, rural workers eases marginally in April

Retail inflation for farm workers and rural labourers in April eased marginally to 2.66 per cent and 2.94 per cent, respectively, mainly due to lower prices of certain food items

IIP shoots up on low base, retail inflation eases to a three-month low

Economists say policy rate reduction unlikely

Top headlines: Retail inflation eases in April; IIP grows in March

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April retail inflation eases to 4.29%; March IIP grows 22.4%: Govt data

Inflation in the food basket was 2.02% in April, down from 4.87% in the preceding month; industrial production shrinks 8.6% in FY21 compared to 0.8% contraction in FY20

Benign food prices likely dragged April inflation to three-month low: Poll

Consumer price inflation was predicted to cool to 4.20 per cent in April, just above the RBI's 4 per cent mid-point target and down from March's four-month high of 5.52 per cent