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February inflation would be at 4 7% if CPI was calculated using 2022-23 consumer survey: SBI

According to State Bank of India Group Chief Economic Adviser Soumya Kanti Ghosh, there is an

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Inflation and IIP data meet expectations, but concerns remain

While India s headline retail inflation rate was unchanged at 5.09 percent in February, industrial growth in January decelerated to 3.8 percent.

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Feb CPI inflation seen unchanged at 5 1%, Jan IIP growth at 3-month high of 4 2%

The statistics ministry will release Consumer Price Index inflation for February and the Index of Industrial Production for January at 5:30 pm on March 12.

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Retail inflation rises to 5 69% in December on base effect

Headline retail inflation has now spent 51 consecutive months above the Reserve Bank of India s medium-term target of 4 percent.

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Another month of good CPI, IIP data but base effect muddies waters

The CPI print for November and October s IIP data, both, suffer from a low-base effect, with economists calling for a nuanced reading of the numbers.

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