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Retail inflation slows to 6.83% in August but stays above RBI's tolerance band | Business News

This is the fourth instance of the retail inflation rate or the consumer price index (CPI) crossing the upper limit of the 4+/- 2 per cent band of RBI's medium-term inflation target in this calendar year. ....

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WPI inflation falls below zero in April for the first time since July 2020

While the WPI edible oils inflation stood at -25.91 per cent in April, WPI primary articles inflation stood at 1.60 per cent during the same period. ....

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March CPI inflation data to be released tomorrow; here's what to expect

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices. ....

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CPI Inflation Rises To 5.5% In March

CPI Inflation Rises To 5.5% In March
Apr 12 2021, 6:30 PM
April 12 2021, 5:58 PM
April 12 2021, 6:30 PM
Retail inflation rose further in March as fuel and transportation costs increased alongside some categories within the food basket.Consumer Price Index inflation stood at 5.52% last month compared with 5.03% in February and 4.06% in January 2021, according to data released by the Ministry of Statistics and Programme Implementation on Monday. A Bloomberg poll had pegged March retail inflation at 5.4%.Inflation in food and beverages ro.
Retail inflation rose further in March as fuel and transportation costs increased alongside some categories within the food basket.
Consumer Price Index inflation stood at 5.52% last month compared with 5.03% in February and 4.06% in January 2021, according to data released by the Ministry of Statistics and Programme Implementation on Monday. A Bloomberg poll had pegged March retail inflation at 5.4%. ....

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Inflation target may need to be refined, says chief economic adviser

CEA Krishnamurthy Subramanian (File photo)
NEW DELHI: India’s inflation target band needs to be refined to reflect demand-side factors and the monetary policy should not be affected by supply-side factors, a senior government official said on Monday.
The current monetary policy framework, signed by Prime Minister Narendra Modi’s government with the Reserve Bank of India (RBI) in 2015, expires next month and is expected to be adjusted when it is signed off for the next five-year term to provide greater flexibility to support economic growth.
Retail inflation, which had touched double-digits during the UPA government regime, has gradually fallen, helping Modi to win a second term in 2019. ....

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