Page 2 - Consumer Price Index

Indians optimistic on growth outlook amid high inflation: EY study

They are shifting to new brands in search for value, says multi-nation survey

Bond yields drop, rupee logs biggest single-day gain since July 27

The rise in bond prices came despite an increase in India's consumer price index inflation, which strengthens the case for the Reserve Bank of India to continue tightening monetary policy

RBI Sept monetary policy review: Another 35-50 bps repo rate hike on cards

Terminal repo rate seen at 6%; interest cost for retail, MSMEs went up by Rs 42,000 crore says SBI report

Retail prices may continue to remain elevated even as wholesale prices ease

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

China's consumer inflation moderates in Aug as lockdowns suppress spending

The consumer price index rose 2.5% from a year earlier, the National Bureau of Statistics said Friday, down from 2.7% gain in July

Managing inflation can't just be left to RBI: FM Nirmala Sitharaman

'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'

'Think of the worst': RBI Governor Das nudges banks to raise capital

Inflation has peaked, expect CPI at 5% in April-June, he says

India better placed on growth-inflation-external balance triangle: FinMin

India is better placed on the growth-inflation-external balance triangle for 2022-23 than it was two months ago, on the back of government policy response and the Reserve Bank's monetary policy actions, the finance ministry's monthly economic review said on Friday. On the price situation, the review said in absence of any further shocks, the downward movement of global commodity prices along with the RBI's monetary measures and the government's fiscal policies are expected to cap inflationary pressures in the coming months. Softening of inflationary pressures in India is further on the anvil as the prices of important raw materials such as iron ore, copper and tin that feed into the domestic manufacturing process, globally trended downwards in July 2022, it noted. Headline retail inflation eased to 6.7 per cent in July 2022 from 7.01 per cent in the previous month. Despite global headwinds, the IMF forecasts India's economy to grow at a robust rate of 7.4 per cent in 2022-23, the .

China consumer inflation in July reaches 2-year high as pork costs surge

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

Latest RBI survey shows household inflation expectations eased 80 bps

Households' 3-month, one-year inflation expectations fell 50 bps, 60 bps

FM defends handling of inflation, says GST regime hasn't raised tax burden

In Rajya Sabha, Sitharaman said GST tax on food items such as rice, wheat flour and curd was agreed to by all states and that such a levy pre-existed on one or the other daily essentials in 22 states

Markets should be able to withstand inflation up to 8%: Credit Suisse

The key risks to India's economy, and thus the markets, stem from crude oil prices and a worsening balance-of payment situation, Credit Suisse analysts said

22 states, UTs see rise in inflation, despite marginal reduction overall

Lakshadweep was the only UT where the urban inflation rate was in double digits in June

Ahead of inflation data, understanding how CPI is linked to RBI and markets

The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand and liquidity in the economy

Targeting 'soft landing' for economy: RBI governor Shaktikanta Das

He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curve

May CPI inflation cools down to 7.04% from eight-year high in April

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

'RBI much ahead in containing inflation but rate hike possible in Aug, Oct'

Core CPI also moderated in May to 6.09 per cent compared to 6.97 per cent in April, as per the SBI's research report 'Ecowrap'.

May retail inflation to cool down but remain above MPC's target: Poll

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

Wall Street ends down sharply as inflation data intensifies investor fears

The Dow Jones Industrial Average fell 882.47 points, or 2.73%, to 31,395.72

Policy tightening to pressure FY23 numbers, deficit seen at 6.7%: Report

The government has pegged the combined fiscal shortfall at 9.8 per cent of which the central deficit is seen at 6.4 per cent (down from 6.7 per cent in FY22) and states' at 3.4 per cent for FY23.