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What is Inflation

Inflation

About Inflation

What is Inflation

Inflation can be defined as a persistent rise in the general price of goods and services of common or daily use — such as clothing, food, fuel, transport, etc — which results in an increase in the cost of living.
 
Inflation is the measure of change in average price of services and commodities, done at regular intervals. It indicates a decrease in the purchasing power of a unit of a nation’s currency as the products and services get more expensive. Basically, inflation is the difference between aggregate demand and aggregate supply of goods and services. When aggregate demand exceeds the supply
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Latest Updates on Inflation

Normal monsoon key but not the only factor to keep inflation under control

Developments such as Covid-induced lockdowns and the Russia-Ukraine war have also played a crucial role in keeping the inflation rate elevated

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Updated On : 19 Apr 2023 | 4:01 PM IST

Inflation may ease in March on softening food prices, says poll

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices

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Updated On : 10 Apr 2023 | 12:16 PM IST

Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%

CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index

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Updated On : 21 Jun 2023 | 12:19 PM IST

Rolling the dice on growth

As the inflation rate declines, India has paused its interest rate hikes and there is optimism in the air that we have crossed the cyclical hump of a slowdown and should enjoy strong growth

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Updated On : 25 Aug 2023 | 3:53 PM IST

Statsguru: Six charts show higher crude prices tend to push up inflation

The quantity of crude that India imported was 6 per cent lower in 2021-22 at 212 million tonnes compared to 2018-19

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Updated On : 09 Apr 2023 | 10:50 PM IST

FY24 kicks off a fresh cycle for Indian banking

Inflation remains a worry in the world's fifth-largest economy but, at the moment, no risk is seen for financial sector stability

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Updated On : 14 Apr 2023 | 5:42 PM IST

Rajasthan govt to conduct camps to highlight public welfare, relief schemes

The Rajasthan government will organise camps in urban wards and villages from April 24 to highlight its public welfare and inflation relief schemes, it said in a statement on Saturday

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Updated On : 08 Apr 2023 | 10:03 PM IST

Household inflation expectations moderate, consumer confidence grows: RBI

The survey showed that household spending was buoyant on the back of higher essential and non-essential spending

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Updated On : 06 Apr 2023 | 11:22 PM IST

Inflation seen easing in March to 5.80% on softening food price rises

Forecasts ranged from 5.40% to 6.40%, with a quarter of survey respondents predicting inflation above 6.00%. It was 6.52% in January and spent most of last year above 6.00%

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Updated On : 06 Apr 2023 | 7:37 PM IST

A prudent comma, not a myopic full stop!

The RBI has not used the word stickiness in its policy statement while characterising core inflation, but instead used "unyielding core inflation"

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Updated On : 06 Apr 2023 | 10:44 PM IST

Inflation kept at 6% or below despite adverse circumstances, says FM

Finance Minister Nirmala Sitharaman welcomes RBI decision, says it has taken a 'good call'

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Updated On : 06 Apr 2023 | 10:50 PM IST

Reserve Bank of India goes for a hawkish pause

The RBI has paused because it wants to evaluate the cumulative impact of the past rate hikes

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Updated On : 06 Apr 2023 | 10:51 PM IST

This is a pause, not a pivot, says RBI guv on surprise hold in key rates

Das said RBI is keen to assess the cumulative impact of the rate actions done till now

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Updated On : 06 Apr 2023 | 1:36 PM IST

MPC lowers projection for inflation, raises growth outlook a bit in FY24

Volatility in global financial market has potential upsides for imported inflation, says committee

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Updated On : 06 Apr 2023 | 12:42 PM IST

Fight against inflation far from over: RBI projects FY24 inflation at 5.2%

For the June quarter, the retail inflation is expected to average 5.1%, and rise to 5.4% each in the September and December quarter

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Updated On : 06 Apr 2023 | 12:23 PM IST

No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022

RBI governor makes it clear that if required, MPC could hike rates in future meetings

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Updated On : 06 Apr 2023 | 11:54 AM IST

Potential US recession signal sets off global rush into Indonesian bonds

With the US and Indonesian central banks seen approaching the end of their respective hiking cycles, inflows looking for higher carry returns are likely to keep increasing in the second quarter

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Updated On : 06 Apr 2023 | 8:56 AM IST

RBI rate hike touch & go affair amid inflation, growth concerns, swaps show

Policy decisions this week from some of the Reserve Bank of India's global peers offer a good reason for the split

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Updated On : 06 Apr 2023 | 6:56 AM IST

Global trade growth to slow to 1.7% in 2023 amid rising inflation: WTO

Dragged down by a sharp slump in the fourth quarter, world trade volume grew by 2.7 per cent, "a smaller-than-expected increase"

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Updated On : 06 Apr 2023 | 6:54 AM IST

RBI set to raise rates 25 bps on elevated inflation, keep hawkish stance

Retail inflation rose 6.44% year-on-year in February, easing from 6.52% in January but has remained above the RBI's mandated target range of 2%-6% for 10 out of the last 12 readings

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Updated On : 06 Apr 2023 | 6:32 AM IST