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Retail inflation rises to three month high of 5.03% in February

Retail inflation in February rose to 5.03 per cent, according to data released by the government. The consumer price index (CPI) based inflation was 4.06 per cent in January 2021, said an official statement released by the Ministry of Statistics and Programme...

January retail inflation declines to 4.06% from 4.59%

Lower food prices, especially those of vegetables and cereals, dragged India's sequential retail price inflation lower in January 2021. Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, declined to 4.06 per cent from 4.59 per cent reported for December...

Retail inflation drops to 4.59 pc in December 2020

Retail inflation fell sharply to 4.59 per cent in December, mainly due to declining food prices, government data showed on Tuesday. Retail inflation based on the Consumer Price Index (CPI) was 6.93 per cent in November. Food inflation declined to 3.41...

November retail inflation eases to 7%, food prices cool down

Cheaper food prices lowered India's sequential retail price inflation in November. Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, rose at a slower rate of 6.93 per cent in November from 7.61 per cent reported in...

Projection of retail inflation turns erratic amid pandemic

The projection of CPI inflation has turned erratic amid the pandemic due to changing consumer spending behaviour, according to a report by the State Bank of India (SBI). The report noted that the average difference between actual consumer price index...

October retail inflation rises to 7.61 percent

High food prices, especially those of vegetables like onions, kept India's sequential retail price inflation in October at an elevated level. Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, spiked in October to 7.61 percent from...

Seasonal bottlenecks: October retail inflation expected to remain elevated

Seasonal factors, along with COVID-19 induced supply-side constraints and growing demand on account of the festive season, are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut. Leading economists...

Higher food prices raise India's Sept retail price inflation

India's sequential retail price inflation spiked in September to 7.34 percent from 6.69 percent in August, official data showed on Monday. Though non-comparable, India had recorded a retail price inflation of over 3 percent in the corresponding period of previous...

Supply-Side Bottlenecks: August retail inflation expected to remain high on COVID impact

The COVID-19 induced supply-side constraints are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending rate cut. Accordingly, leading economists, pegged the range of consumer price inflation numbers for August at...

Persistence of retail inflation beyond 6 pc may lead to rise in interest rates: Report

The growing threat of stagflation for the Indian economy and persistence of retail inflation above 6 percent may lead to rise in interest rates, a domestic ratings agency said on Wednesday. The uncertain outlook on inflation in the short term...
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