Looking beyond the CPI numbers
4 months, 1 week ago

Looking beyond the CPI numbers

Hindustan Times  

India’s benchmark inflation rate, as measured by the Consumer Price Index, came in at 6.2% in October. This is beyond the upper limit of the Reserve Bank of India’s tolerance band and the highest inflation print since August 2023. A good monsoon leading to a bumper summer crop and the likelihood of vegetable inflation going to the other extreme from its current high are key factors behind this premise. What could complicate matters further for monetary policy is the fact that a protectionist United States can also generate significant growth risks on account of Chinese excess capacity being redirected towards the non-US economies. India’s inflation managers have been fighting a long battle against wildly fluctuating food prices without a suitable tool to do so.

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India’s wholesale inflation rises to 2.38% in February
1 week, 1 day ago

India’s wholesale inflation rises to 2.38% in February

Live Mint  

New Delhi: India’s inflation based on wholesale prices rose to 2.38% in February, up from 2.31% in the previous month, show the Union commerce ministry’s provisional data released on Monday. Food prices decline Food prices, a major contributor to the index, increased by 5.94% annually in February, but eased from December’s 8.85% rise and January’s 7.47%. Beyond food prices Manufactured …

Message to RBI in inflation numbers
1 week, 2 days ago

Message to RBI in inflation numbers

Hindustan Times  

February’s inflation number of 3.6% is better than what most analysts expected it to be. PREMIUM Barring any large supply-side shocks in the food economy, analysts believe inflation should be close to RBI’s target in the next fiscal year which will begin from April What is the larger message behind the inflation numbers? Barring any large supply-side shocks in the …

India's Wholesale Inflation Expected To Drop To 2% In February, Says Report. Here's Why
1 week, 6 days ago

India's Wholesale Inflation Expected To Drop To 2% In February, Says Report. Here's Why

ABP News  

India's Wholesale Price Index inflation is expected to decrease to 2 per cent in February 2025, down from 2.3 per cent in January, mainly due to a drop in oil prices and a seasonal dip in food prices, according to a report by Union Bank of India. The report said, "Wholesale Price Index is expected to moderate to 2.0 per …

Retail inflation likely eased further to 3.9% in February: Mint poll
2 weeks, 1 day ago

Retail inflation likely eased further to 3.9% in February: Mint poll

Live Mint  

India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. "The reversal of spikes in volatile food items and fading of one-off shocks such as in edible oil prices suggests a continued fall in headline inflation, which is …

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin
1 month ago

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin

The Hindu  

The near-term outlook of the global economy is being shaped by trade-related policies of major economies amid slowing pace of disinflation and these policies could stoke inflation, engender tighter financial conditions, and heighten market turbulence, Reserve Bank of India officials said in the February edition of RBI Bulletin released on Wednesday. However in India, high frequency indicators point towards a …

Catching a break: On the inflation dip and households
Trending News
1 month, 1 week ago

Catching a break: On the inflation dip and households

The Hindu  

A healthy winter harvest of vegetables reined in food inflation to a five-month low of 6% in January, driving down India’s consumer price inflation to 4.3%, tantalisingly close to the 4% median target pursued by the Reserve Bank of India. As per its own reckoning, with this quarter expected to average 4.4% inflation, there may be a minor uptick from …

India’s WPI Inflation Eases to 2.31% in January 2025
Trending News
1 month, 1 week ago

India’s WPI Inflation Eases to 2.31% in January 2025

Deccan Chronicle  

New Delhi: After a significant dip in the headline retail inflation, India’s wholesale price index or WPI-based inflation eased to 2.31 per cent January, 2025, mainly due to the decline in prices of food items, especially vegetables. As per the data, inflation in food items eased to 5.88 per cent in January, as against 8.47 per cent in December 2024. …

Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman
1 month, 1 week ago

Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman

The Hindu  

Food prices are expected to be under control in the coming year, going by advance estimates of crop output, but the government will keep monitoring prices and act to ensure that ordinary citizens are not burdened by inflation, Union Finance Minister Nirmala Sitharaman told the Rajya Sabha on Thursday. Responding to members’s concerns about high inflation during the discussion in …

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January
1 month, 1 week ago

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January

Deccan Chronicle  

New Delhi: The common man is likely to get some relief in their household budgets as India's headline retail inflation rate fell to a five-month low of 4.31 per cent in January, mainly due to the significant fall in the prices of vegetables and pulses that eased during the month. Meanwhile, India’s industrial output growth slowed to a 3-month low …

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high
1 month, 1 week ago

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high

The Hindu  

India’s retail inflation cooled to a five-month low of 4.31% in January, from 5.22% in December 2024, and 5.1% a year ago. Rupee depreciation impact The RBI has projected inflation to average 4.4% between January to March, which could imply mild spikes in the price rise pace over this month and the next. Vegetables inflation more than halved to 11.3% …

Retail inflation hits five-month low in January; industrial output slows in December
1 month, 1 week ago

Retail inflation hits five-month low in January; industrial output slows in December

Live Mint  

India's retail inflation eased to a five-month low in January, driven by a slower increase in food prices, according to provisional government data released on Wednesday. Food inflation, a persistent challenge, rose 6.02% in January compared to 8.39% annual rise in December, 9.04% in November, and 8.30% in the year-ago period. A Mint poll of 23 economists had estimated retail …

India's retail inflation dips to 4.31% in January, hits a five-month low
1 month, 1 week ago

India's retail inflation dips to 4.31% in January, hits a five-month low

India Today  

India's retail inflation has dipped to 4.31%, a five-month low, in January 2025, according to the data released by the National Statistics Office on Wednesday, marking a substantial drop from 5.22% in December 2024 and 5.1% in January 2024. The said data showed a drop of 91 basis points in headline inflation when compared to December 2024, marking the lowest …

Retail inflation eases to five-month low of 4.31% in January
1 month, 1 week ago

Retail inflation eases to five-month low of 4.31% in January

New Indian Express  

Supported by softening food prices, India's retail inflation, measured by the Consumer Price Index, eased to 4.31% in January 2025, down from 5.22% in December 2024, according to data released by the Ministry of Statistics and Programme Implementation on Tuesday. Food inflation, as measured by the Consumer Food Price Index, dropped to 6.02% in January 2025, its lowest level since …

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 3 weeks ago

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

Associated Press  

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. When measured in shorter time frames, inflation is slowing: In December, core prices ticked up 0.2% from the previous month, a pace that is nearly consistent with the Fed’s annual target. But the Fed’s preferred gauge …

The Great Indian Tomato Mystery: Why your curry costs more than ever
1 month, 3 weeks ago

The Great Indian Tomato Mystery: Why your curry costs more than ever

Live Mint  

The Government of India tabled the Economic Survey 2024-25 report on Friday, January 31, in Parliament ahead of Finance Minister Nirmala Sitharaman's Union Budget presentation on February 1. “Uneven monsoon-induced supply disruptions in certain regions caused price pressures, mainly in tomatoes and onions, contributing to higher inflation rates in vegetables and overall food inflation,” according to the survey report. The …

Economic Survey 2024-25 lists global pressure, domestic challenges as factors affecting prices, inflation
1 month, 3 weeks ago

Economic Survey 2024-25 lists global pressure, domestic challenges as factors affecting prices, inflation

Firstpost  

The survey highlights that inflation in India will witness positive signs in inflation management. The Reserve Bank of India and the IMF have projected that India’s consumer price inflation will align with the target of 4 per cent in the next financial year The Economic Survey 2024-25, tabled by Finance Minister Nirmala Sitharaman on Friday in the Lok Sabha, listed …

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
1 month, 3 weeks ago

U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

LA Times  

An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying price pressures showed signs of easing. Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a 2.4% annual pace in November and the third straight increase. When measured in shorter time frames, inflation …

Inflation matrix: On the numbers and trends
2 months, 1 week ago

Inflation matrix: On the numbers and trends

The Hindu  

In the final inflation print before the Union Budget for 2025-26 is presented, followed by the first review of the monetary policy led by the new Governor of the Reserve Bank of India in early February, the price rise faced by Indian consumers eased to 5.22% in December. Food inflation moderated from over 9% in the previous month to 8.4% …

Retail inflation eases to four-month low of 5.22%
2 months, 1 week ago

Retail inflation eases to four-month low of 5.22%

Hindustan Times  

India’s retail inflation eased in December 2024 to a four-month low of 5.22% from a year ago, driven by cooling prices of perishable food commodities, brightening hopes of a rate cut by the central bank. 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 …

Retail inflation eases to four-month low of 5.22% in December 2024
2 months, 1 week 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 months, 1 week 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
2 months, 2 weeks 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 …

India’s central bank should lead the policy easing cycle that its economy needs
2 months, 2 weeks ago

India’s central bank should lead the policy easing cycle that its economy needs

Live Mint  

The coming weeks will see two important policy events. “The hardening of input costs across goods and services and their flow into selling prices needs to be watched carefully," the Indian central bank said in its November review of the economy. This column had argued before the December meeting of the monetary policy committee that there is a compelling reason …

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
3 months, 1 week 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 …

Retail inflation slows down in November
3 months, 1 week 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 …

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
3 months, 1 week ago

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high

Firstpost  

These positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent in the previous quarter In positive developments for the Indian economy, the country’s retail inflation cooled, while industrial production saw an uptick, according to recently released data. Food inflation eases …

Retail inflation slows slightly at 5.48%
3 months, 1 week 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 …

India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October
3 months, 1 week ago

India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October

Live Mint  

Hopes of an early rate cut were rekindled on Thursday as retail inflation fell back within the central bank's tolerance band in November, while factory output hit a three-month high in October, in good news for the economy that slowed in the second quarter. Retail inflation based on the consumer price index fell to a three-month low of 5.48% in …

Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
Trending News
3 months, 1 week 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 …

Retail inflation eases to 5.48% in November from above 6% in October
3 months, 1 week 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 …

Retail inflation data today. 3 things you should know
3 months, 1 week ago

Retail inflation data today. 3 things you should know

India Today  

The retail inflation data for November is set to be released on Thursday, and all eyes are on the figures after October’s inflation rate climbed to a 14-month high, owing to a rise in food prices, especially vegetable prices. OCTOBER’S INFLATION BREACHES RBI TOLERANCE LEVEL In October, inflation rose to 6.2%, surpassing the Reserve Bank of India's upper tolerance threshold …

India Expects Relief in Food Inflation with Strong Kharif Harvest
4 months ago

India Expects Relief in Food Inflation with Strong Kharif Harvest

Deccan Chronicle  

As per the report, India’s retail inflation jumped to 6.21 percent in October, a 14-month high, driven by elevated food inflation in a few vegetables. A bumper kharif harvest is expected to lower food inflation in the coming months," it said, adding that a favourable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost rabi sowing …

Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report
4 months ago

Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report

ABP News  

The finance ministry in its latest economic review for October revealed that food inflation is expected to slowdown in the upcoming months. “Supply disruptions from heavy rains in major producing states contributed to price pressures in tomatoes, onions, and potatoes, while elevated global prices drove up oil and fat inflation,” the ministry in the review stated. The report, released by …

Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says
4 months ago

Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says

Hindustan Times  

The Reserve Bank of India said if inflation is allowed to run unchecked, it can undermine the prospects of India's economy, especially for industry and exports. The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016 This comes after the headline consumer price index inflation rose above the upper …

India’s central bank should adhere to its inflation-targeting mandate
Trending News
4 months ago

India’s central bank should adhere to its inflation-targeting mandate

Live Mint  

Less than four years after the government concluded its review of India’s inflation-targeting regime in April 2021 and opted to keep both its target and nitty-gritty—its target range, indicator, etc—unchanged, its view of inflation targeting seems to be shifting. After commerce and industry minister Piyush Goyal and then finance minister Nirmala Sitharaman called for lower interest rates, on Tuesday chief …

Tomatoes, Onions, Gold Driving CPI Inflation Says CEA
4 months 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 …

Economic growth shouldn’t have to suffer for want of a market solution
4 months, 1 week ago

Economic growth shouldn’t have to suffer for want of a market solution

Live Mint  

There is an old ditty that India’s struggle with inflation brings to mind: For want of a nail the shoe was lost / For want of a shoe the horse was lost / For want of a horse the rider was lost / For want of a rider the message was lost / For want of a message the battle …

DC Edit | RBI may have to defer rate cut
4 months, 1 week ago

DC Edit | RBI may have to defer rate cut

Deccan Chronicle  

Consumer Price Index-based retail inflation has crossed the Reserve Bank of India’s comfort level of four per cent in October at 6.21 per cent, compared to 4.87 per cent in the year ago period. The 14-month high inflation figure in October dashed hopes of a repo rate cut by the Reserve Bank of India during its policy meeting in December. …

Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
4 months, 1 week 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, …

India trade minister says central bank should cut rates, look through food prices
4 months, 1 week ago

India trade minister says central bank should cut rates, look through food prices

Live Mint  

MUMBAI, Nov 14 - India's central bank should cut interest rates to boost economic growth and look through food price while deciding on monetary policy, the trade minister said, the first time a government minister has backed calls to re-examine the nation's inflation targeting framework. Growth needs a further impetus," Piyush Goyal told news channel CNBC TV18 at an event …

All about the inflation spike: how, why & when
Trending News
4 months, 1 week ago

All about the inflation spike: how, why & when

Live Mint  

The consumer price index —or retail inflation—surged in October to 6.2%, breaching the Reserve Bank of India’s upper tolerance limit. Despite the RBI governor Shaktikanta Das’s warning of higher inflation in October, the 6.2% reading, which marks a 14-month high, came as a surprise. For the first time in 13 months, the inflation breached the 6% mark—the higher end of …

Spectre of food inflation haunts the economy again
4 months, 1 week 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 …

Consumer inflation at 14-month high of 6.2%
Trending News
4 months, 1 week 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 …

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation
4 months, 1 week ago

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation

Deccan Chronicle  

NEW DELHI: India’s industrial production witnessed a significant expansion by 3.1 per cent in September from a negative territory in August 2024 at 0.1 per cent, mainly due to improvement in the manufacturing sector. While headline retail inflation rose to 14-month high of 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher …

India’s retail inflation surges to 6.2% in October
4 months, 1 week 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
4 months, 1 week 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
4 months, 1 week 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 …

No relief for Indians, as inflation rise further to 5.81% in October because of food price surge
4 months, 2 weeks ago

No relief for Indians, as inflation rise further to 5.81% in October because of food price surge

Live Mint  

Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicted, a shade below the central bank's tolerance threshold of 6.0%. Annual retail inflation as measured by the consumer price index likely rose a second straight month to 5.81% in …

Retail Inflation Hits 9-Month Peak In Sept, Casts Shadow On Rate Cut Expectations In Next MPC
5 months, 1 week 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 …

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