Retail inflation eases to 6.44% in Feb, but remains above RBI’s target band
1 year, 9 months ago

Retail inflation eases to 6.44% in Feb, but remains above RBI’s target band

Live Mint  

India's retail inflation edged down slightly to 6.44 per cent in February from January's three-month high of 6.52 per cent, according to the data released by the Ministry of Statistics and Programme Implementation on Monday. However, the inflation print stayed above the Reserve Bank of India's upper tolerance level of 6 per cent for second straight month. The Consumer Price Index based retail inflation was 6.52 per cent in January, after declining to a one-year low level of 5.72 per cent in December. “Unless RBI believe global spillovers are large and negative, I don’t think next meeting’s outlook for a hike changes for now.” The closures of Silicon Valley Bank and Signature Bank are prompting traders to pare bets of a US rate increase this month just days after US Federal Reserve Chair Jerome Powell flagged the possibility of returning to bigger rate hikes as inflation proved persistent.

History of this topic

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
1 week ago
WPI inflation declines to 3-month low of 1.89% on cheaper food
1 week, 1 day ago
India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
1 week, 1 day ago
Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
1 week, 1 day ago
Mint Quick Edit: Lower inflation raises the likelihood of an RBI rate cut
Trending News
1 week, 4 days ago
India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
1 week, 5 days ago
Consumer inflation moderates slightly to 5.5% in November
1 week, 5 days ago
Retail inflation slows slightly at 5.48%
1 week, 5 days ago
India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October
1 week, 5 days ago
Retail inflation eases to 5.48% in November from above 6% in October
1 week, 5 days ago
Retail inflation data today. 3 things you should know
1 week, 5 days ago
Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
Trending News
1 week, 5 days ago
Inflation likely eased to 5.5% in November: Mint poll
1 week, 6 days ago
​Staying the course: On the RBI and inflation
Trending News
2 weeks, 3 days ago
RBI MPC verdict today: Repo rate to GDP, inflation forecasts— here are 5 key indicators to watch
2 weeks, 4 days ago
RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
2 weeks, 4 days ago
RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?
Trending News
2 weeks, 6 days ago
RBI Likely To Hold Interest Rates Amid Inflation Surge; Economists Push Rate Cut Forecast To February
3 weeks, 5 days ago
India Expects Relief in Food Inflation with Strong Kharif Harvest
4 weeks ago
Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report
4 weeks, 1 day ago
Govt evaluating impact of PDS ration on inflation
1 month ago
Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says
1 month ago
India’s central bank should adhere to its inflation-targeting mandate
Trending News
1 month ago
Tomatoes, Onions, Gold Driving CPI Inflation Says CEA
1 month ago
Inflation behaving more like a magician who tricks you again and again
1 month ago
DC Edit | RBI may have to defer rate cut
1 month, 1 week ago
‘Absolutely flawed…’: RBI should boost growth with rate cut, says Union Minister Piyush Goyal; Governor Das responds
1 month, 1 week ago
Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
1 month, 1 week ago
India trade minister says central bank should cut rates, look through food prices
1 month, 1 week ago
All about the inflation spike: how, why & when
Trending News
1 month, 1 week ago
Wholesale inflation rises to 2.36 per cent in October mirroring retail figures, food costs up 11.59 per cent
1 month, 1 week ago
Wholesale inflation heated up again last month, reversing recent progress
1 month, 1 week ago
Mint Quick Edit | Inflation above 6%: There goes a December rate cut
1 month, 1 week ago
Why October inflation numbers may delay RBI interest rate cut
1 month, 1 week ago
Spectre of food inflation haunts the economy again
1 month, 1 week ago
Consumer inflation at 14-month high of 6.2%
Trending News
1 month, 1 week ago
Will October inflation push Q3 print above RBI’s forecast?
1 month, 1 week ago
Retail Inflation Soars To 6.2% In October, Exceeding RBI's Tolerance Limit
Top News
1 month, 1 week ago
India’s retail inflation surges to 6.2% in October
1 month, 1 week ago
India's consumer inflation at 14-month high of 6.2%, first breach of RBI tolerance band since Aug 2023
1 month, 1 week ago
India’s 14-month high retail inflation fades hope of December rate cut
Trending News
1 month, 1 week ago
Can October CPI inflation numbers alter RBI’s monetary policy path?
1 month, 1 week ago
Retail inflation at a 14-month high, rises to 6.21% in October
Top News
1 month, 1 week ago
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
1 month, 2 weeks ago
India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices
3 months, 1 week ago
Business News: Catch All Stock Market and Business Updates in Just 2 Minutes | ABP News
3 months, 1 week ago
Inflation control: India doing better than advanced economies like US and Germany, says SBI report
3 months, 1 week ago
Retail inflation rises to 3.65% in August, second lowest in last five years
3 months, 1 week ago
Slide in tomato prices aid an 8% dip in vegetarian meal costs, CRISIL says
3 months, 2 weeks ago
Avoid haste on shift to core CPI
3 months, 3 weeks ago

Discover Related