Articles for Retail Prices

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, Wall Street’s slide to US dollar
1 month ago

Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, Wall Street’s slide to US dollar

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weakness in global markets. Asian markets traded lower, while the US stock market slipped last week, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks. This week, investors will closely monitor key stock market triggers, …

India China Markets Japan Market Indian Samsung
Retail sales up solidly in October as Americans showed continued willingness to spend
1 month, 1 week ago

Retail sales up solidly in October as Americans showed continued willingness to spend

LA Times  

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. Sales in some categories fell — furniture stores, clothing outlets and drug …

Economy Retail Prices Sales Spending Spend Walmart
China to cut gasoline, diesel retail prices
1 month, 2 weeks ago

China to cut gasoline, diesel retail prices

China Daily  

An employee of a gas station in Xingtai, Hebei province, operates a fuel filling facility. BEIJING - China will cut the retail prices of gasoline and diesel on Thursday, based on recent changes in international oil prices, the country's top economic planner said on Wednesday. Gasoline prices will be reduced by 145 yuan per ton and diesel prices by 140 …

China Retail Prices International Oil
India's retail inflation to remain close to 5% for most of this year: SBI Research
5 months, 1 week ago

India's retail inflation to remain close to 5% for most of this year: SBI Research

Hindustan Times  

Retail inflation, or the Consumer Price Index in India, is expected to remain below or close to 5.0 percent in the remaining months of 2024-25, except for September, according to SBI Research. India's retail inflation rate increased in June, deviating from the moderation seen in previous months, driven by rising food prices. Food prices remain a significant challenge for policymakers …

Food India Inflation Rate Rbi Sbi Retail Inflation
RBI Monetary Policy: FY24 Inflation Forecast Raised To 5.4 Per Cent On Higher Vegetable Prices
1 year, 4 months ago

RBI Monetary Policy: FY24 Inflation Forecast Raised To 5.4 Per Cent On Higher Vegetable Prices

ABP News  

Reserve Bank of India Governor Shaktikanta Das on Thursday during his address on the Monetary Policy Committee's said that the rate setting panel has made an upward revision to its inflation forecast for 2023-24, raising it by 30 basis points to 5.4 per cent. Driving the full-year inflation forecast hike was that for the second quarter, which is now seen …

India Inflation Prices Cent Rbi Vegetable Prices Forecast Raised
Tomato prices may touch Rs 300 per kg in coming days, say wholesale traders
1 year, 4 months ago

Tomato prices may touch Rs 300 per kg in coming days, say wholesale traders

India TV News  

Tomato prices are likely to touch Rs 300 per kilogram in the coming days and the prices of vegetables are also on the rise, according to wholesale traders. It takes 6 to 8 hours more than usual in exportation of vegetables from the producers due to which the price of tomato might reach nearly Rs 300 per kilogram," Azadpur Mandi …

Retail Market Prices Vegetables Pti Himachal Pradesh Tomatoes
Tomato Price Rise: Centre Directs NAFED, NCCF To Procure Tomato From AP, Karnataka, Maharashtra For Distribution
1 year, 5 months ago

Tomato Price Rise: Centre Directs NAFED, NCCF To Procure Tomato From AP, Karnataka, Maharashtra For Distribution

ABP News  

Amidst the record spike in tomato prices, the central government on Wednesday directed National Agricultural Cooperative Marketing Federation and National Cooperative Consumers Federation cooperatives to procure tomatoes from Andhra Pradesh, Karnataka, and Maharashtra for distribution in major consumption centres, where retail prices have recorded the maximum increase in the last one month. The stocks of tomatoes will be distributed through …

India Maharashtra Prices Consumer Affairs Price Rise Retail Prices Tomato Price
Centre Directs Nafed, NCCF to Procure Tomato from AP, Karnataka, Maha for Distribution in Key Consuming Centres
1 year, 5 months ago

Centre Directs Nafed, NCCF to Procure Tomato from AP, Karnataka, Maha for Distribution in Key Consuming Centres

News 18  

The Centre on Wednesday directed cooperatives Nafed and NCCF to procure tomatoes from Andhra Pradesh, Karnataka and Maharashtra for distribution in major consumption centres, where retail prices have recorded maximum increase in the last one month. The stocks of tomato will be distributed through retail outlets at discounted prices to the consumers in Delhi-NCR region from July 14, the Consumer …

India Karnataka Prices Tomato Tomatoes Centres Retail Prices
Prices of vegetables double in two weeks as monsoon fails to make a mark
1 year, 5 months ago

Prices of vegetables double in two weeks as monsoon fails to make a mark

The Hindu  

While inflation affects all aspects of life, the heat of it is mostly felt by customers while buying their daily vegetables and fruits. Tomatoes, which were being sold at just ₹40 to ₹50 a couple of weeks ago are now being sold at ₹110 to ₹120 per kg at retail markets. Similarly, beans, which are always the first vegetable whose …

Market Mark Two Weeks Vegetable Retail Markets
Inflation is dipping, but RBI may not slash rates
1 year, 7 months ago

Inflation is dipping, but RBI may not slash rates

Hindustan Times  

The latest retail inflation print showed the consumer price index slowing to 4.7% year-on-year in April, well within the Reserve Bank of India ’s target band of 2%-6%. While the near-term trajectory of inflation is downward, the medium-term path is unclear as the risk of a disruptive El Niño could put pressure on food prices towards the end of 2023. …

Food Inflation Food Inflation Rbi El Niño Retail Prices Core Inflation
March wholesale inflation at record 29-month low of 1.34%
1 year, 8 months ago

March wholesale inflation at record 29-month low of 1.34%

Hindustan Times  

India’s wholesale inflation eased to a 29-month low of 1.34% in March 2023 as prices across commodities and food segments declined steeply, showing disinflationary trends, official data released on Monday showed. Retail prices cooled to 5.66% in March, the lowest in 15 months, against a 6.44% rise in February, signaling relief to the Reserve Bank of India. Data released on …

Inflation Bank Low Retail Prices Wholesale Prices
Costly food fuels inflation past RBI’s comfort zone
1 year, 10 months ago

Costly food fuels inflation past RBI’s comfort zone

Deccan Chronicle  

New Delhi: With a spike in prices of food items, India’s headline retail inflation rate breached the central bank’s comfort zone of 2-6 per cent target and jump-ed to a three-month high of 6.52 per cent in January from December’s one-year low of 5.72 per cent, showed the data released by the ministry of statistics and programme implementation on Monday. …

Food Inflation Cent Retail Prices
Interim relief: The Hindu Editorial on retail inflation’s fall to a 11-month low in 2022
2 years ago

Interim relief: The Hindu Editorial on retail inflation’s fall to a 11-month low in 2022

The Hindu  

After a seemingly interminable 10-month streak of Indian consumers facing runaway price rise of over 6%, retail inflation appeared to have relented a bit in November to 5.88%. Since April 2022, when retail prices surged at a near-eight year high rate of 7.8%, five of the first eight months of 2022-23 year registered 7%-plus inflation. Vegetable prices may remain benign …

Inflation Rbi Price Rise Retail Prices Retail Inflation
Cost of Christmas dinner to leap by 20% as supermarket food prices rise, analysis suggests
2 years ago

Cost of Christmas dinner to leap by 20% as supermarket food prices rise, analysis suggests

The Independent  

The average cost of Christmas dinner will rise by more than 20 per cent this year, according to analysis of major supermarkets’ food prices. She added: “While there are signs that cost pressures and price rises might start to ease in 2023, Christmas cheer will be dampened this year as households cut back on seasonal spending to prioritise the essentials.” …

Christmas Prices Cost Rise Christmas Dinner
Retail prices of petrol, diesel may not be cut due to volatile oil market
2 years, 3 months ago

Retail prices of petrol, diesel may not be cut due to volatile oil market

Hindustan Times  

International crude prices may be near a seven-month low but with oil markets still volatile, and state-owned oil refiners having to offset of losses amounting to almost ₹18,500 crore, there’s unlikely to be any change in retail prices of fuel, three people aware of the development said. But the government will review prices of crude oil and petroleum products such …

Tax Oil Petroleum Crude Petrol Diesel Litre
Explaining relative prices – the key element of inflation data
2 years, 3 months ago

Explaining relative prices – the key element of inflation data

Live Mint  

India’s retail inflation is on a decline. Say, if the relative prices of food products increase, it alters the distribution of spending, with the poor having to spend more of their income on food if incomes do not rise sufficiently. A rising relative price also transmits a signal to suppliers to increase production to profit from higher prices. There are …

India Inflation Urban Prices Relative Vegetables Rise
Telangana tops inflation charts at 8.32%
2 years, 3 months ago

Telangana tops inflation charts at 8.32%

The Hindu  

India’s retail inflation has been a bugbear for the economy since it surged past 6% in January, but there are wide disparities in the pace of price rise experienced by consumers across the country, with a dozen States clocking an average inflation of less than 6% and another 12 States averaging over 7% through 2022 so far. While headline inflation …

Retail States Prices Telangana Bjp Average Higher
Retail Inflation in India Inflation Likely to Hold Steady Just Above 7% in June: Report
2 years, 5 months ago

Retail Inflation in India Inflation Likely to Hold Steady Just Above 7% in June: Report

News 18  

BENGALURU: India’s retail inflation likely held steady in June, but well above the Reserve Bank of India’s tolerance limit for a sixth month as lower fuel and cooking oil prices offset higher services and food costs, a Reuters poll found. The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index was steady at …

India Inflation Prices Price Month Rbi Reuters
Cooking oil to get cheaper? All you need to know
2 years, 5 months ago

Cooking oil to get cheaper? All you need to know

India Today  

Cooking oil may get cheaper in coming days as retail prices are expected to come down. The food ministry called a meeting of cooking oil industry bodies and manufacturers to deliberate on reduction in the retail prices of cooking oils as there has been a fall in global prices. Higher purchases by India, the world's biggest importer of vegetable oils, …

India Oil Prices Retail Prices Cooking Oil Know Cooking
Retail Inflation Drops to 7.04% in May; Still Above RBI's Target Band for 5th Straight Month
2 years, 6 months ago

Retail Inflation Drops to 7.04% in May; Still Above RBI's Target Band for 5th Straight Month

News 18  

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 …

Food India Prices Price Month Cent Rbi
Data Point | Explaining India’s recent fuel tax cuts
2 years, 6 months ago

Data Point | Explaining India’s recent fuel tax cuts

The Hindu  

It’s a relief that the Union government has cut the fuel tax. A look at the developments that preceded the recent excise duty cuts: After weeks of incremental increases in fuel prices, Union Finance Minister Nirmala Sitharaman announced that the Union government is slashing fuel taxes. Her point was that the cut of Rs 8 per litre came from the …

India Kerala Delhi Oil Data States Duty
Hard times ahead! Is the government concerned about inflation’s impact?
2 years, 6 months ago

Hard times ahead! Is the government concerned about inflation’s impact?

The Hindu  

Published : May 30, 2022 06:00 IST The country has faced worse inflationary situations in the past. The food price inflation surged to a 17-month high of 8.38 per cent in April from 7.68 per cent in March. Transport and communication inflation increased to 10.91 per cent in April from 8 per cent in the previous month because of rising …

India Tax Inflation Oil Services Taxes Prices
CNG hiked by ₹2 in Delhi, other cities: Check latest prices
2 years, 7 months ago

CNG hiked by ₹2 in Delhi, other cities: Check latest prices

Hindustan Times  

The price of CNG in the national capital has been hiked by ₹2 per kg by gas distribution Indraprastha Gas Limited on Saturday, news agency ANI reported. Latest prices CNG in the national capital territory of Delhi now costs ₹75.61 per Kg, up from ₹73.61 per Kg on May 15. 06:00 am on 21st May 2022 Delhi ₹ 75.61/- per …

Delhi Gas Ghaziabad Gurugram Pti Retail Prices Prices Cng
Boon to ban: How the wheat export story changed in two months
2 years, 7 months ago

Boon to ban: How the wheat export story changed in two months

The Hindu  

The story so far: On May 13, the government effectively banned the export of wheat. On March 25, to a supplementary question raised by Congress leader Anand Sharma in the Rajya Sabha regarding improving wheat exports, given that Russia and Ukraine the two large exporters of the commodity were in the middle of a war, Commerce and Industry Minister Piyush …

India Wheat North India Exports Punjab Export Ban