Consumer Price Index Inflation

With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit

The consumer price index in China rose 2.7% last month from a year earlier as pork prices surged 20.2%

The excise duty cuts for petrol and diesel and duty cuts on other items may have played a part in cooling inflation

Reuters poll of 45 economists shows CPI for June is likely to come in at 7.1%; Excise cuts on fuel, duty cuts on other items may have helped cool down inflation

Price pressure will need a monetary response

Notably, high commodities cost especially of transport fuel prices triggered a wider inflationary trend in January 2022

The Reserve Bank of India (RBI) retained its inflation projection at 5.3 per cent for the current financial year

CPI-IW is used to compute DA of govt employees and industrial workers. The DA gets revised twice a year and is meant to adjust wage to the impact of inflation

If interest rates aren't reduced quickly & in good measure, the economy will continue to struggle

Food prices rose the fastest in 5 years for the month in villages

Consumer prices rose 4.6 percent in April from a year earlier, the statistics ministry said in a statement in New Delhi on Monday, higher than the 4.4 percent median estimate in a Bloomberg survey

The All-India CPI-IW for November increased by 1 point and pegged at 288

Grew at 3.58%, mainly due an increase in prices of consumer food items

This is 30 basis points higher than the 3.28 per cent recorded for September

Financial advisors factor in the long-term average rate to ensure savings not impacted