Tag: Inflation
Food prices drive retail inflation to 5.54% in September
Higher vegetable prices raise household costs as economists expect inflation to approach 6% in the October–December quarter.
RBI set to raise interest rates: What inflation, crude oil, and global trends mean for India
The Reserve Bank of India is likely to increase interest rates soon due to rising inflation, high crude prices, and global rate trends. This report explains the reasons, effects, and positive outlook in easy language for everyone to understand.
Monsoon shortfall likely to put pressure on growth and increase inflation
A weak rainy season may hurt farm output, rural demand, and prices, even as the economy stays supported by strong activity in other areas.
New price index move marks a big shift in inflation tracking in India
A new Producer Price Index is being introduced to replace the old wholesale-based system over time. The change will give a wider and more practical view of price trends in the economy.
Inflation numbers lower than estimated in May, but rate hikes loom amid food and fuel supply concerns due to global issues
The latest consumer price index data for May shows inflation at 3.93% year-on-year, which is slightly higher than the previous month’s 3.48%. However, this figure is still below the estimates as predicted by experts.
How government is shielding Indian common man from a global energy shock
India's headline inflation, as measured by the Consumer Price Index (CPI), rose to 3.4% in March, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI).