India’s retail inflation pace eased to a four-month low of 4.87% in October from a tad over 5% in September, with the rise in vegetables prices easing to 2.7% from 3.4% even though overall consumer food price inflation remained virtually unchanged at 6.6%. The Reserve Bank of India, which expects inflation to average 5.6% between October and December, is unlikely …
India’s retail inflation inched lower to 7.01% in June, from May’s 7.04%, but stayed stuck above the 7% mark for the third straight month. Rural inflation edged up to 7.09%, from 7.08% in May, while urban consumers faced a 6.92% price rise, as per the Consumer Price Index released on Tuesday. “Retail inflation has now averaged 7.3% in the first …
Retail inflation slightly eased to 7.04 per cent in May, according to the data released by the ministry of statistics and programme implementation on Monday. Food inflation marginally lowered to 7.97 per cent in May, compared to 8.38 per cent in April. “India’s consumer inflation moderated to 7 per cent supported by the government measures undertaken to curb domestic fuel …
