Page 97 - Latest Updates on Inflation
Minutes of MPC meeting: Fixing weak economic growth remains top priority
What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India
 "Minutes of MPC meeting: Fixing weak economic growth remains top priority")
Fixing the demand slump: Seven reasons for slowdown, and possible solutions
The govt might look for quick fixes under pressure to revive the economy, but sustainable economic growth will continue to be elusive without structural changes, writes T N Ninan
India's inflation rose to nine-month high in July over food prices: Report
Despite rising, inflation is expected to remain below the Reserve Bank of India's medium-term target of 4%, clearing the way for more policy easing
 "India's inflation rose to nine-month high in July over food prices: Report")
Modi govt revokes Article 370: Uncertain revenues a worry for J&K
The states' GSDP was Rs 1.6 trillion in 2018-19, and it grew 6.8% in 2017-18
 "Modi govt revokes Article 370: Uncertain revenues a worry for J&K")
Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB
India will be the main driver to lower the inflation for the South Asian region, ADB said in a supplement to Asian Development Outlook (ADO) 2019
 "Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB")
Retail inflation rises 3.18% in June due to costlier food products
Annual retail inflation in June was 3.18%, up from 3.05% in the previous month.
 "Retail inflation rises 3.18% in June due to costlier food products")
WPI inflation slips to near 2-year low in May, declines to 2.45%
Inflation in food articles basket was 6.99 per cent, down from 7.37 per cent in April
 "WPI inflation slips to near 2-year low in May, declines to 2.45%")
Retail inflation could hit 7-month high in May, but below RBI target: Poll
According to a June 4-7 Reuters poll of over 40 economists, the retail inflation rate rose to 3.01 per cent in May from a year earlier, up from 2.92 per cent in April
 "Retail inflation could hit 7-month high in May, but below RBI target: Poll")
Inflation may have risen to 6-mth high in April driven by food prices: Poll
Forecasts ranged between 2.68 and 3.56 per cent, with almost three-quarters pegging it at or below 3 per cent
At 2.86%, CPI inflation at 5-month high in March on high food prices
The food inflation rate rose to 0.30 per cent in March after witnessing a contraction in the past five months
 "At 2.86%, CPI inflation at 5-month high in March on high food prices")
February WPI inflation rises to 2.93% on jump in food, fuel prices
Wholesale food prices in February rose 3.29% year-on-year, compared with a 1.84 percent rise a month earlier
 "February WPI inflation rises to 2.93% on jump in food, fuel prices")
January WPI inflation eases to 10-month low of 2.76 percent
Wholesale food prices in January rose 1.84 percent year-on-year, compared with a 0.07 percent rise a month earlier,
Under-reporting policy claims may be behind rising health inflation
IIB has analysed how prices of health insurance claims have risen over a seven-year period, since 2010
 "Under-reporting policy claims may be behind rising health inflation")
Inflation remained within comfort zone for most of 2018, but farmers hit
The data showed retail as well as wholesale price inflation remaining low for most part of the year, though spikes in petrol and diesel prices came as a spoiler
 "Inflation remained within comfort zone for most of 2018, but farmers hit")
Explained: Why poorer nations can't just print more money and become rich
When Zimbabwe was hit by hyperinflation, in 2008, prices rose as much as 231,000,000% in a single year
 "Explained: Why poorer nations can't just print more money and become rich")
Assembly polls 2018: Low food inflation rate reflects rural distress
While Rajasthan and Chhattisgarh had deflation in this segment in line with the national average in October, MP and Telangana had an inflation rate of below 1 per cent
 "Assembly polls 2018: Low food inflation rate reflects rural distress")
Oil, battered rupee: Mounting risks that are difficult for RBI to ignore
Inflation within target and signs that demand may be cooling in the world's fastest-growing major economy prompted the central bank to keep interest rates on hold last week
 "Oil, battered rupee: Mounting risks that are difficult for RBI to ignore")
Inflation likely rose to RBI's 4% target in Sept on high fuel cost: Poll
The rupee tumbled to a new low of 74.395 against the US dollar on Tuesday and Brent crude, India's costliest import item, hit a four-year high this month
 "Inflation likely rose to RBI's 4% target in Sept on high fuel cost: Poll")
IIP, inflation numbers offer Centre respite amid rupee, fuel tantrums
The rate cuts in the GST on over 100 items from July 27 pulled down the inflation rate
At a 10-month low of 3.69% in Aug, retail inflation below RBI target
Fuel and light inflation rose to 8.47% in August from 7.96% in the previous month
 "At a 10-month low of 3.69% in Aug, retail inflation below RBI target")