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Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July
4 months, 1 week 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 …

India Growth Inflation Data 2024 Cent Low
IIP grows 5.9%, inflation up 5.08%
5 months, 1 week ago

IIP grows 5.9%, inflation up 5.08%

Deccan Chronicle  

New Delhi: With good performance in key sectors, mostly in mining and power, India's industrial production grew 5.9 per cent in May this year, while India’s consumer inflation in June 2024 stood at 5.08 per cent against 4.8 per cent in May. “During April-May this fiscal, the IIP grew 5.4 per cent as compared to 5.1 per cent in the …

India Data Month Output Nso Iip Cent Inflation
Economic setting allows quick fiscal consolidation
10 months, 3 weeks ago

Economic setting allows quick fiscal consolidation

Live Mint  

The interim budget comes in a backdrop where the growth momentum is becoming more entrenched, macroeconomic stability is strengthening and confidence among businesses and consumers is improving. In terms of key targets, the stated objective of reducing the budget deficit to 4.5% of GDP by FY2025-26 from 5.9% this fiscal, will require accelerated pace of fiscal consolidation going ahead. However, …

Global Growth Tax Investment Level Gdp Fiscal
Good growth, low demand: The Hindu Editorial on the NSO projection
11 months, 2 weeks ago

Good growth, low demand: The Hindu Editorial on the NSO projection

The Hindu  

The first advance estimates of national income for the current fiscal year present a picture of an economy on steroids — of government spending. While the NSO has made bold to project real GDP growth marginally quickening to a 7.3% pace, from 2022-23’s 7.2%, scrutiny of sectoral output figures that together form the gross value added, and the demand data …

Economy Nso Growth Low Gdp Estimates
Here's why inflation in the market feels higher than what figures show
1 year, 6 months ago

Here's why inflation in the market feels higher than what figures show

India Today  

Increases in consumer prices undermine individual and household income. Private consumption expenditure plummeted to its lowest point in the past four years, reaching 60.6 per cent during the fiscal year of 2023. The estimates indicate a 16.1 per cent increase in GDP value in the financial year 2023 due to rising inflation, which is more than twice the real GDP …

India Growth Inflation Services Prices Price Consumption
IIP grows 11.9% in August on low-base effect, good performance by manufacturing and mining
3 years, 2 months ago

IIP grows 11.9% in August on low-base effect, good performance by manufacturing and mining

Firstpost  

Industrial production plunged 18.7 percent in March last year following the COVID outbreak and remained in the negative zone till August 2020 New Delhi: Industrial production grew 11.9 percent in August mainly due to a low-base effect and good performance by manufacturing, mining and power sectors that surpassed the pre-COVID level. The manufacturing sector, which constitutes 77.63 percent of the …

Production 2020 Nso Iip Output Grew Industrial Production
Food price inflation eases to a 9-month low
4 years, 5 months ago

Food price inflation eases to a 9-month low

Live Mint  

Food price inflation eased to a nine-month low of 7.87% in June as temporary supply constraints due to the nationwide lockdown eased, while retail inflation at 6.09%, released after a gap of two months, came surprisingly above the pre-coronavirus print of 5.84% for March. In a technical note released along with the retail inflation data, NSO said it has held …

Food Retail Inflation Price Food Inflation Nso Retail Inflation