Page 5 - Consumer Price Index

Retail inflation for farm workers, rural labourers eases in June: Govt

According to the statement, inflation based on food index of CPI-AL and CPI-RL stood at (+) 8.57 per cent and (+) 8.41 per cent, respectively, in June 2020

CPI-based inflation rose to 6.1% in June; food inflation eased to 7.9%

The National Statistical Office (NSO) released the headline CPI numbers after a gap of two months.

Govt releases truncated CPI data; food inflation rises to 9.28% in May

The government for the second month in a row released the truncated data on retail inflation in the backdrop of the lockdown following Covid-19 pandemic

Data deficiency

MPC will have to work with an incomplete inflation picture

Covid-19 impact: Govt holds back April CPI citing data collection issues

But it did revise the CPI inflation for March to 5.84 per cent from 5.91 per cent

Retail inflation slows down to 5.91% in March on easing food prices

The retail inflation based on Consumer Price Index (CPI) was 6.58 per cent in February 2020 and 2.86 per cent in March 2019

Salaries of around 30 mn industrial workers set to rise with new CPI series

The weight for food and beverages components will decline from 46% to 39% in the new series

January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%

The index of industrial production (IIP) fell from a growth rate of 1.8 per cent, as the manufacturing sector slipped into negative territory again

Retail inflation spikes to 7.59% in January; December IIP at -0.3%

Retail inflation rose sharply to 7.35 per cent in December 2019.

CPI needs rejig

But MPC has reasons to not ignore headline inflation

RBI Guv calls for structural reforms and fiscal measures to boost growth

The RBI cut rates by 135 basis points last year even as growth fell to a 10-year low in the second half of the fiscal year.

Inflation blues

Onus of reviving growth will solely be on govt

11 states record retail price inflation rate of over 6% in November

The states that witnessed high CPI-based inflation rates were Lakshadweep, Tripura, Odisha, Uttar Pradesh, Kerala, Madhya Pradesh, Puducherry, Tamil Nadu, Rajasthan, Manipur and Mizoram

Negative real interest rate no cause for concern, say economists

The RBI is expected to reduce its policy rate to 4.5% in this rate cycle, economists say

Retail inflation at 40-month high of 5.54% in Nov on higher food prices

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

Govt awaits Labour ministry's verdict on modifying consumer price indices

On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry.

Retail inflation at 14-month high, WPI falls to 39-month low of 0.33%

The CPI food inflation rate rose to 5.11 per cent in September

How a different norm adopted to revise DA gives central staff an edge

The inflation calculator used to determine the dearness allowance (DA) for government employees is the consumer price index for industrial workers (CPI-IW)

Ahead of the meet, MPC member raises concerns over CPI calculation

Any measurement error in CPI is likely to have grave consequences for monetary policy

How many inflations are there?

In an unequal world, the CPI reflects prices only for a small segment of the population who are close to the average