Retail food inflation rate fell to 1.89 per cent in January from 3.41 per cent in December
However, some want core to be monitored as well, MPC should be given leeway to choose target
Retail inflation for industrial workers eased to 3.15 per cent in January against 7.49 per cent in the same month last year, mainly due to lower prices of certain food items
India's retail inflation, which had touched double-digits during the previous Congress party-led government, has gradually fallen, helping Modi to win a second term in 2019
The easing was mainly due to lower prices of certain food items
Experts say MPC may continue with accommodative stance in next nine months
India's retail inflation slipped marginally in January but was within the Reserve Bank of India's target range for a second month as vegetable prices declined further, a poll predicted
Retail inflation for industrial workers eased to 3.67 per cent in December 2020 against 9.63 per cent in the same month of last year due to lower prices of certain food items. Retail inflation measured in terms of all-India Consumer Price Index for Industrial Workers (CPI-IW) was 5.27 per cent in November 2020, a labour ministry statement said. Food inflation for industrial workers stood at 2.89 per cent against 7.48 per cent in the previous month and 12.22 per cent during the corresponding month a year ago. All-India CPI-IW for December decreased by 1.1 points and stood at 118.8. On one-month percentage change, it decreased by (-) 0.92 per cent between November and December, 2020 compared to (+) 0.61 per cent increase between corresponding months of the previous year. The maximum downward pressure in current index came from Food & Beverages group contributing (-) 1.53 percentage points to the total change. At centre level, Ramgarh recorded the maximum decrease of 6 points. Among
Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively
Softens to four-month low of 1.22% in December from 1.55% in November as food items enter deflationary zone; core inflation at 2-year high of 4.2%
After a year of high inflation-low growth, a sharp dip in food inflation tames the headline number
Retail inflation for industrial workers eased to 5.27 per cent in November compared to 5.91 per cent in October, mainly due to lower prices of certain food items. "Year-on-year inflation based on all items stood at 5.27 per cent for November, 2020 as compared to 5.91 per cent for the previous month (October) and 8.61 per cent during the corresponding month of the previous year," a labour ministry statement said. It said that the food inflation stood at 7.48 per cent in November as against 8.21 per cent in the previous month. Food inflation was at 9.87 per cent in the year-ago period. The retail inflation measured in terms of all-India CPI-IW (Consumer Price Index for Industrial Workers) for November increased by 0.4 points and stood at 119.9 points. The maximum upward pressure in the current index came from Food & Beverages group contributing (+) 0.25 percentage points to the total change. At an item level, prices of Rice, Arhar Dal, Fish Fresh, Milk, Mustard Oil, Soyabean Oil, ..
Retail inflation is unlikely to come down enough for the Reserve Bank to make rate cuts in the whole of 2021, says Nomura
This was mainly due to lower prices of food items
Remains above RBI tolerance limit
Retail inflation based on the Consumer Price Index (CPI) stood at 7.61 per cent in October
Over the past one month (since November 13), Brent crude oil prices have surged nearly 18 per cent to $50.34 a barrel now
The Reserve Bank of India said retail inflation is likely to remain elevated and pegged it at 6.8 per cent for the third quarter of the current fiscal
The members of the Reserve Bank of India's fourth bi-monthly monetary policy Committee began their three-day meeting today, and are expected to announce the outcome on Friday
The retail inflation for industrial workers increased to 5.91 per cent in October.