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Consumer Price Index

Present CPI aggregation method raises issues for monetary policy: RBI paper

Rebasing CPI necessary to make index relevant to present consumption patterns

Present CPI aggregation method raises issues for monetary policy: RBI paper
Updated On : 22 Mar 2023 | 2:05 PM IST

March retail inflation number may reflect drop in wheat prices

Data shows that in Feb 2023 while WPI-wheat inflation dropped to 18.54%, CPI-wheat inflation for the same month rose from 25.05% in January 2023 to 25.37% in Feb

March retail inflation number may reflect drop in wheat prices
Updated On : 21 Mar 2023 | 7:49 PM IST

Commodity costs down, expect price drop: GCPL MD & CEO Sudhir Sitapati

Commodity costs have fallen "sharply" in the last few months, the margin situation is now "pretty good" and a revival in sales volume is expected, helped by price drops in some categories such as soap, said Godrej Consumer Products Ltd (GCPL) Managing Director and CEO Sudhir Sitapati. In the last three-four months, a lot of commodities such as palm oil have deflated, he said, adding the inflation which is presently in the market is as a consequence of the high prices that were there six to eight months ago. "So I certainly do not see price hikes in the short to medium term unless the commodity situation goes up. I see, in categories like in soaps and all, price drops," Sitapati told reporters on the sidelines of an event here. Now the hyperinflationary scenario is gone off and the company "definitely expects volumes to revive", he said, adding there would be negative price growth over the next few months, but with better volumes. Sitapati expects consumption to come back and the ..

Commodity costs down, expect price drop: GCPL MD & CEO Sudhir Sitapati
Updated On : 07 Feb 2023 | 11:20 PM IST

Dollar stands firm amid low bond yields, traders await consumer price data

The U.S. dollar was steady elsewhere, loitering just above a seven-month low on the euro at $1.0737 in the lead-up to U.S. inflation data due on Thursday

Dollar stands firm amid low bond yields, traders await consumer price data
Updated On : 11 Jan 2023 | 9:03 AM IST

Canada's CPI rises 6.8% in Nov, prices rise 5.4% on yearly basis: Report

Canada's consumer price index (CPI) rose 6.8 per cent year over year in November, following a 6.9 per cent increase in October, the national statistical agency said

Canada's CPI rises 6.8% in Nov, prices rise 5.4% on yearly basis: Report
Updated On : 22 Dec 2022 | 1:09 PM IST

Finnish inflation rate hits highest since 1983; consumer prices rise by 9%

Inflation in Finland has continued to accelerate, with consumer prices rising by 9.1 per cent in November compared to a year ago, the highest since 1983, according to official figures

Finnish inflation rate hits highest since 1983; consumer prices rise by 9%
Updated On : 15 Dec 2022 | 10:26 AM IST

WPI inflation eases to 21-month low as pricing pressure softens in November

Fruits and vegetables, protein-rich items such as eggs, meat and fish drag down prices; Core inflation eases for seventh consecutive month to 3.5%

WPI inflation eases to 21-month low as pricing pressure softens in November
Updated On : 14 Dec 2022 | 10:36 PM IST

US core inflation slows, giving Fed Reserve some breathing room on rates

The overall CPI increased 0.1 per cent from the prior month and was up 7.1 per cent from a year earlier, as lower energy prices helped offset rising food costs

US core inflation slows, giving Fed Reserve some breathing room on rates
Updated On : 13 Dec 2022 | 11:49 PM IST

CPI inflation eases to 11-month low of 5.9% in November; IIP contracts

Core inflation inches up; manufacturing activity declines

CPI inflation eases to 11-month low of 5.9% in November; IIP contracts
Updated On : 13 Dec 2022 | 12:05 AM IST

Hike interest rates by 25-35 basis points in Dec: Economists to RBI

The meeting was held ahead of the RBI's next monetary policy review, which is scheduled December 5-7

Hike interest rates by 25-35 basis points in Dec: Economists to RBI
Updated On : 25 Nov 2022 | 11:20 PM IST

Retail inflation likely to ease in coming months: Finance ministry

The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports

Retail inflation likely to ease in coming months: Finance ministry
Updated On : 24 Nov 2022 | 11:12 PM IST

We should see core inflation dipping: RBI MPC member Ashima Goyal

Core inflation is calculated by largely stripping away the volatile components of food and fuel. Goyal was referring to certain products that have linkages with oil prices

We should see core inflation dipping: RBI MPC member Ashima Goyal
Updated On : 24 Nov 2022 | 7:46 PM IST

Risk of global hard landing, but India differently placed: Shaktikanta Das

Das had said earlier this year that the RBI was striving to ensure a 'soft landing' for the Indian economy while bringing domestic inflation back to the central bank's 4 per cent target over a period

Risk of global hard landing, but India differently placed: Shaktikanta Das
Updated On : 19 Nov 2022 | 3:46 PM IST

UK inflation jumps more than expected to 40-year high as food prices soar

The Consumer Prices Index rose 10.1% last month from 9.9% the month before, the Office for National Statistics said Wednesday.

UK inflation jumps more than expected to 40-year high as food prices soar
Updated On : 19 Oct 2022 | 1:49 PM IST

Why this is not the time to take on very long-term fixed deposit investment

For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo

Why this is not the time to take on very long-term fixed deposit investment
Updated On : 16 Oct 2022 | 8:02 PM IST

Indices rebound on global cues despite high US inflation; Sensex rises 1.2%

Dip in dollar, bonds, and oversold markets boost global equities

Indices rebound on global cues despite high US inflation; Sensex rises 1.2%
Updated On : 14 Oct 2022 | 11:21 PM IST

As MPC fails on CPI mandate, RBI's growth-inflation balance gets trickier

The central bank will now have to provide a report to the government explaining the reasons for the failure and the steps to be taken

As MPC fails on CPI mandate, RBI's growth-inflation balance gets trickier
Updated On : 13 Oct 2022 | 9:22 PM IST

The limits of CPI: It doesn't capture the true cost of living

Consumer price index boasts of a rigorous and robust design, but there are quite a few issues with it

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Updated On : 03 Oct 2022 | 10:30 PM IST

RBI policy projections: Sept inflation to hit five-month high of 7.6%

Central bank will have to write to government explaining the reasons of its failure to contain inflation up to 6%

RBI policy projections: Sept inflation to hit five-month high of 7.6%
Updated On : 30 Sep 2022 | 12:59 PM IST

Monetary policy preview: Front-loading rate hikes for macro stability

The current account deficit remains uncomfortably high as India's growth momentum outpaces the rest of the world.

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Updated On : 27 Sep 2022 | 11:54 PM IST