Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices
3 days, 6 hours ago

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices

India TV News  

India’s retail inflation rate, measured by the Consumer Price Index slowed to a four-month low of 5.22 per cent in December compared to 5.48 per cent in November, mainly due to the easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index was 5.48 per cent in November and 5.69 per cent in December 2023. Food basket inflation reduced to 8.39 per cent in December According to CPI data released by the National Statistics Office, the inflation in the food basket reduced to 8.39 per cent in December. Last month, the Reserve Bank of India raised the inflation projection for the current fiscal year to 4.8 per cent from 4.5 per cent.

Food Inflation Price Cent  basket  839  price  falling  fourmonth  low  inflation  amid  released  prices  food  eases  cpi  retail  reduced  cent  2023

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US inflation rises in December as energy prices surge, core inflation eases
13 hours, 33 minutes ago

US inflation rises in December as energy prices surge, core inflation eases

Firstpost  

Energy prices were a significant contributor to December’s inflation, with the energy index climbing 2.6 per cent for the month. Energy costs accounted for more than 40 per cent of the overall monthly increase US consumer inflation rose for a third consecutive month in December, driven by higher energy prices, but a key measure of underlying inflation eased slightly, raising …

Examples of where inflation eased last month – and where it accelerated
17 hours, 41 minutes ago

Examples of where inflation eased last month – and where it accelerated

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation also slowed for the cost of hotels and …

Wholesale inflation hits a two-month high in December but don’t just blame food
Trending News
1 day, 21 hours ago

Wholesale inflation hits a two-month high in December but don’t just blame food

Live Mint  

New Delhi: India’s wholesale price index-based inflation climbed to a two-month high of 2.37% year-on-year in December, according to the provisional data released by the Ministry of Commerce and Industry on Tuesday. While overall food inflation slowed in December from the previous month, the prices of onion, fruits, eggs, meat and fish rose at a higher pace during the month …

India's wholesale price inflation rises to 2.37 per cent in December
Trending News
2 days, 6 hours ago

India's wholesale price inflation rises to 2.37 per cent in December

India TV News  

Wholesale price inflation: India’s wholesale price index in December rose to 2.37 per cent from 1.89 per cent in November 2024, according to government data released by the Ministry of Commerce and Industry on Tuesday. The Wholesale Price Index based inflation was 1.89 per cent in November 2024. Inflation in food articles items to eased to 8.47 pc As per …

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices
Trending News
2 days, 15 hours ago

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices

Deccan Chronicle  

New Delhi: Bringing the Reserve Bank of India’s tolerance band back to the limit of 2- 6 per cent, India’s headline retail inflation rate, measured by the consumer price index or CPI, for December stood at 5.22 per cent, dipping marginally from 5.48 per cent in November, while the November’s CPI also fell from a 14-month high of 6.21 per …

India’s retail inflation drops to 4-month low at 5.22% for December: Govt data
Top News
2 days, 18 hours ago

India’s retail inflation drops to 4-month low at 5.22% for December: Govt data

Firstpost  

After a reduction in food prices, retail inflation eased to a four-month low of 5.22% in December, compared to 5.48% in November. Retail inflation eased to a four-month low of 5.22 per cent in December, as compared to 5.48 per cent in November, according to government data released on Monday. As per the Consumer Price Index data released by the …

Retail inflation eases to four-month low of 5.22% in December 2024
2 days, 19 hours ago

Retail inflation eases to four-month low of 5.22% in December 2024

The Hindu  

India’s retail inflation eased a bit to a four-month low of 5.22% in December 2024 from 5.5% in November 2024, with food inflation cooling marginally from 9.04% in November to 8.4% last month, the National Statistics Office said on Monday. With December’s inflation print, India’s Consumer Price Inflation has averaged 5.63% in the third quarter of 2024-25, just a little …

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices
Trending News
2 days, 19 hours ago

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices

Live Mint  

New Delhi: India's retail inflation eased to a four-month low in December, driven by a slower increase in food prices, according to provisional government data released on Monday. A Mint poll of 25 economists had estimated retail inflation at a four-month low of 5.3% in December, driven by the seasonal decline in food prices. "In the months ahead, food inflation …

India’s inflation likely eased to 5.3% in December: Mint poll
6 days, 6 hours ago

India’s inflation likely eased to 5.3% in December: Mint poll

Live Mint  

India’s retail inflation likely moderated to a four-month low of 5.3% in December, down from 5.5% in November, driven by the seasonal decline in food prices, according to the median estimate of 25 economists in a Mint poll. If the poll’s median estimate proves accurate, it would lead to an average of 5.7% in the October-December quarter, which will be …

World food price index eases in Dec, pushed lower by sugar
1 week, 5 days ago

World food price index eases in Dec, pushed lower by sugar

Live Mint  

ROME, Jan 3 - The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday. For 2024 as a whole, the index averaged 122.0, 2.1% lower than the 2023 value, offsetting significant decreases in quotations for cereals and …

Despite inflation, some everyday products actually dropped in price this year
2 weeks, 2 days ago

Despite inflation, some everyday products actually dropped in price this year

CNN  

CNN — From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation.. Gasoline 2024 price change : Down 7.6% Gas prices may be highly volatile and highly integral to aspects of life and business, but they’re also highly visible reminders of how prices are trending. “Even during the pandemic, when inflation was rampant across the economy, most …

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
4 weeks, 2 days ago

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

Deccan Chronicle  

New Delhi: With the decline of prices of food items, especially vegetables and onions, India’s wholesale price index or WPI-based inflation fell to a three-month low of 1.89 per cent in November, down from 2.36 per cent in October, while the WPI-based inflation stood at 0.39 per cent in November last year, the government data showed on Monday. As per …

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
4 weeks, 2 days ago

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October

Firstpost  

Headline retail inflation, the key target for the Reserve Bank of India’s monetary policy decisions, eased to 5.48% in November, down from 6.21% in the prior month India’s wholesale inflation slowed in November to 1.89% year-on-year, easing from the previous month, due to a smaller increase in food prices, government data showed on Monday. The wholesale inflation rate, a proxy …

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
4 weeks, 2 days ago

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%

The Hindu  

India’s wholesale prices rose at a three-month low pace of 1.89% in November, easing from October’s 2.4% uptick, with food price inflation decelerating to 8.9% from a 25-month high of 11.6% in the previous month, even as manufactured products’ inflation accelerated to 2%. EDITORIAL | Price worries: On inflation Among manufactured products, some of the important groups that showed month-over-month …

US wholesale inflation accelerated in November in sign that some price pressures remain elevated
1 month ago

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% …

Retail inflation slows down in November
1 month ago

Retail inflation slows down in November

Deccan Chronicle  

New Delhi: With the significant easing of food prices, especially vegetables, India’s retail inflation slowed to 5.48 per cent in November as compared to 6.21 per cent in October. “But the CPI-based headline inflation increased from an average of 3.6 per cent during July-August to 5.5 per cent in September and further to 6.2 per cent in October 2024, the …

Consumer inflation moderates slightly to 5.5% in November
1 month ago

Consumer inflation moderates slightly to 5.5% in November

The Hindu  

India’s retail inflation cooled slightly to 5.5% in November from a 14-month high of 6.2% in October, but remained significantly elevated for rural consumers at 5.95%, while dropping to 4.8% for their urban counterparts. “The decline in inflation in November 2024 is mainly due to decline in inflation in ‘food & beverages’ group,” the National Statistics Office said, pointing to …

Retail inflation slows slightly at 5.48%
1 month ago

Retail inflation slows slightly at 5.48%

Hindustan Times  

Retail inflation rose to 5.48% last month, a slower pace of increase compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation showed on Thursday. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance level, with two percentage points of …

US wholesale inflation surged higher in November
Trending News
1 month ago

US wholesale inflation surged higher in November

CNN  

CNN — US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers. A closely watched gauge of underlying wholesale inflation grew more modestly and a chunk of November’s increase could be attributed to a spike in egg prices as a deadly bird flu ripples through …

Retail inflation eases to 5.48% in November from above 6% in October
1 month ago

Retail inflation eases to 5.48% in November from above 6% in October

India Today  

India's retail inflation cooled to 5.48% in November, slipping below the Reserve Bank of India’s upper tolerance band of 6% after breaching it in October. "High inflation reduces the disposable income in the hands of consumers," Das noted, adding that food inflation could stay elevated through the third quarter of FY25 before easing. Expected revisions could lower food’s weightage by …

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
1 month ago

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain

LA Times  

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% last month …

Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
Trending News
1 month ago

Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons

India TV News  

India's retail inflation has declined to 5.48 per cent in November compared to 6.21 pewr cent in October, mainly due to easing food prices, especially vegetables, according to government data released on Thursday. According to Consumer Price Index data released by the National Statistics Office, the inflation in the food basked reduced to 9.04 per cent in November. The CPI-based …

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
1 month ago

Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead

CNN  

CNN — Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. “We have some PTSD around egg prices from the pandemic and certainly lingering avian flu outbreaks; but those prices being up almost 40% year over year certainly is another thing people will look at in …

RBI MPC Dec 2024: Retail Inflation Estimate For FY25 Raised To 4.8 Per Cent, Food Prices To Remain Higher
1 month, 1 week ago

RBI MPC Dec 2024: Retail Inflation Estimate For FY25 Raised To 4.8 Per Cent, Food Prices To Remain Higher

ABP News  

The Reserve Bank of India ’s Monetary Policy Committee decided to maintain the status quo on key rates and keep the repo rates unchanged at 6.5 per cent. Sharing the projections about inflation levels in the economy, Governor Shaktikanta Das said that the retail inflation rate for the 2024-25 fiscal year is now estimated to be at 4.8 per cent. …

Price warning as 17-month run of falling shop inflation ends
1 month, 3 weeks ago

Price warning as 17-month run of falling shop inflation ends

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A 17-month-long run of falling shop inflation has ended, with …

Tomatoes, Onions, Gold Driving CPI Inflation Says CEA
1 month, 3 weeks ago

Tomatoes, Onions, Gold Driving CPI Inflation Says CEA

Deccan Chronicle  

Mumbai: Chief Economic Adviser V Anantha Nageswaran on Tuesday said that the recent rise in Consumer Price Index -based inflation is primarily driven by a select few commodities. Nageswaran explained that excluding tomatoes, onions, potatoes, and gold and silver from the CPI calculation reveals a much lower headline inflation rate of just 4.2 per cent for October. While these items …

Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
2 months ago

Rising food prices push India’s wholesale inflation to four-month high in Oct

Live Mint  

India's wholesale price index -based inflation rose to a four-month high of 2.36% in October due to rising food prices, showed the ministry of commerce and industry's provisional data on Thursday. On a year-on-year basis, the core WPI print rose to 0.3% in October," said Rahul Agrawal, senior economist, Icra Ltd. Elevated food prices have also pushed India's retail inflation, …

Wholesale inflation heated up again last month, reversing recent progress
2 months ago

Wholesale inflation heated up again last month, reversing recent progress

CNN  

CNN — US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level. The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, rose 0.2% on a monthly basis and 2.4% for the 12 months ended in October, marking an acceleration from September, when prices ticked …

​Surprise spike: On the Consumer Price Index
2 months ago

​Surprise spike: On the Consumer Price Index

The Hindu  

India’s consumer prices have gained fresh momentum over September and October, rendering the tangible softening in inflation to a pace below the official median target of 4% in the two months preceding them, a fleeting reprieve. A sharp surge in vegetable prices, particularly tomato, from the onset of the festival-packed month of October, and an uptick in edible oil prices …

Spectre of food inflation haunts the economy again
2 months ago

Spectre of food inflation haunts the economy again

New Indian Express  

It appears that the common man will have to further tighten his consumption belt. Government data released Tuesday showed vegetable prices were the main culprit, as they shot up over 42 per cent in October from a year ago—higher than the 36 per cent rise in September. Coupled with oil prices rising 9.51 per cent, fruits, cereals and pulses, food …

Grocery inflation rises as supermarket trips hit four-year high
2 months ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Consumer inflation at 14-month high of 6.2%
Trending News
2 months ago

Consumer inflation at 14-month high of 6.2%

Hindustan Times  

Retail inflation came in at 6.2% in October, the highest in 14 months, and outside the upper band of the Reserve Bank of India’s tolerance limit, primarily on account of higher food prices with potatoes, onions and tomatoes, stape vegetables all, driving the charge. The higher-than-expected number means that RBI’s Monetary Policy Committee is unlikely to cut rates in its …

Retail Inflation Soars To 6.2% In October, Exceeding RBI's Tolerance Limit
Top News
2 months ago

Retail Inflation Soars To 6.2% In October, Exceeding RBI's Tolerance Limit

ABP News  

Retail inflation climbed to 6.21 per cent in October, up from 5.49 per cent in the previous month, driven primarily by higher food prices, according to official data released on Tuesday. Data from the National Statistics Office revealed that inflation in the food basket surged to 10.87 per cent in October, compared to 9.24 per cent in September and 6.61 …

India’s retail inflation surges to 6.2% in October
2 months ago

India’s retail inflation surges to 6.2% in October

The Hindu  

A 10.9% spike in food prices lifted India’s retail inflation to a 14-month high of 6.2% in October, from 5.5% in September, with prices of vegetables and edible oils escalating at a sharp pace not seen in recent years. October’s price rise pace marked a breach of the Reserve Bank of India’s upper tolerance limit for inflation, with rural India …

India’s 14-month high retail inflation fades hope of December rate cut
Trending News
2 months ago

India’s 14-month high retail inflation fades hope of December rate cut

Live Mint  

New Delhi: India’s retail inflation accelerated in October to its highest in over a year largely due to heated food prices, tempering expectations of a rate cut when the central bank’s monetary policy panel meets early next month. India’s retail inflation also breached the Reserve Bank of India’s medium-term target of 2-6% for the first time in over a year—which, …

Retail inflation at a 14-month high, rises to 6.21% in October
Top News
2 months ago

Retail inflation at a 14-month high, rises to 6.21% in October

India Today  

Retail inflation in India rose to 6.21% in October, up from 5.49% in September 2024, marking a sharp increase driven by high food prices. Inflation in October climbed above the Reserve Bank of India's 6% tolerance threshold, marking the first breach of this level in 14 months since August 2023. Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said, "The sharply …

Inflation gauge closely watched by the Fed falls to lowest level since early 2021
2 months, 2 weeks ago

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

LA Times  

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels. Inflation peaked at 7.1% in June 2022 after the economy had accelerated out of the pandemic recession at a time of severe shortages of parts …

Retail Inflation Hits 9-Month Peak In Sept, Casts Shadow On Rate Cut Expectations In Next MPC
3 months ago

Retail Inflation Hits 9-Month Peak In Sept, Casts Shadow On Rate Cut Expectations In Next MPC

ABP News  

The retail inflation in the country soared to hit a nine-month peak of 5.5 per cent in September, official data from the government revealed on Monday. This sharp rise in September followed a rise in food inflation which stood at 9.24 per cent in the month, in comparison to 5.66 per cent reported a month earlier. Inflation In Vegetables And …

RBI MPC Oct 2024: Retail Inflation Estimated At 4.5 Per Cent For FY25, Food Prices To Ease In Q4
3 months ago

RBI MPC Oct 2024: Retail Inflation Estimated At 4.5 Per Cent For FY25, Food Prices To Ease In Q4

ABP News  

RBI MPC October 2024: The Reserve Bank of India ’s Monetary Policy Committee revealed its decision on Wednesday on key rates and decided to maintain the status quo. Governor Shaktikanta Das revealed that the CPI retail inflation for the 2024-25 fiscal year is projected at 4.5 per cent. The inflation figure for the second quarter in the current fiscal year …

Wholesale Inflation in August Declines
3 months, 4 weeks ago

Wholesale Inflation in August Declines

Deccan Chronicle  

New Delhi: With the reduction in the prices of manufactured products as well as some food items, India’s wholesale price index or WPI-based inflation for August softened to a 4-month low of 1.31 per cent on an annual basis as compared to 2.04 per cent in July, while it was 0.46 per cent in August last year. “Inflation in manufactured …

US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates
4 months ago

US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates

Hindustan Times  

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week. Excluding volatile food and energy costs, so-called core prices rose 3.2% in August from a year ago, the same as in July. A key reason for last month's drop …

U.S. inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
4 months ago

U.S. inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates

LA Times  

Wednesday’s report from the Labor Department showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July. The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week. Excluding volatile food and energy costs, …

Slide in tomato prices aid an 8% dip in vegetarian meal costs, CRISIL says
4 months, 1 week ago

Slide in tomato prices aid an 8% dip in vegetarian meal costs, CRISIL says

The Hindu  

A sharp 51% drop in tomato prices aided in an 8% decline in average vegetarian meal costs through August but onion and potato prices surged more than 50% and the actual price paid by consumers for a vegetarian plate of food remained the second highest over the past year at ₹31.2, just 4% below July levels, as per Crisil’s monthly …

New base year for retail inflation likely
4 months, 2 weeks ago

New base year for retail inflation likely

Hindustan Times  

A Union government-appointed panel formed to update the Consumer Price Index, which tracks changes in retail prices, is likely to revise the base year used to measure inflation from 2012 to 2024 and lower the weight assigned to food items to keep pace with changing consumption patterns, two officials aware of the matter said. If the change in the CPI …

Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July
5 months ago

Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July

Deccan Chronicle  

New Delhi: With the significant easing of food prices, consumer retail inflation declined to a 59-month low of 3.54 per cent in July, showing below the central bank’s targeted 4 per cent for the first time in nearly 5 years, while India’s industrial output slowed to a five-month low of 4.2 per cent in June 2024, mainly due to poor …

Retail inflation drops to 3.5% in July, hitting a near 5-year low
5 months ago

Retail inflation drops to 3.5% in July, hitting a near 5-year low

India Today  

Retail inflation in July eased to 3.54%, marking a sharp decline after it rose in the previous month. "There is sharp decline in the year-on-year inflation rate based on the All India Consumer Price Index number for the month of July 2024, which is the lowest in the last 59 months," the government's press release said. "Year-on-year inflation rate based …

Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year
5 months, 2 weeks ago

Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year

ABC  

Australia's annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. "Excluding these changes to CRA, rents would have increased by 9.1 per cent over the 12 months to the June 2024 quarter," the ABS said. Annual growth for insurance premiums remains high Insurance prices also continued to record …

Economic Survey on retail inflation: ‘Government and RBI’s intervention helped'
5 months, 3 weeks ago

Economic Survey on retail inflation: ‘Government and RBI’s intervention helped'

Hindustan Times  

The Economic Survey 2024, tabled by Union Finance Minister Nirmala Sitharaman in the Parliament on Monday stated that despite the pandemic and geopolitical tensions, the Central Government's timely policy interventions and the Reserve Bank of India's price stability measures helped maintain retail inflation at 5.4 per cent. However, in FY24, the central government's timely policy interventions and the Reserve Bank …

Wholesale Inflation Hits 16-Month High
6 months ago

Wholesale Inflation Hits 16-Month High

Deccan Chronicle  

New Delhi: With the increase in prices of food articles, especially vegetables and other food products, crude petroleum & natural gas, and mineral oils among others, the wholesale price surged to a 16-month high of 3.36 per cent in the month of June from 2.61 per cent in May this year. As per the data, inflation in food articles rose …

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