Price rise in rural areas leads to four states recording inflation in double digits
Pulses, veggies, fuel, mobility and connectivity dominate price rise as economy recovers
The rise in general inflation was mainly on account of elevated food prices
Good harvest may not help, they say, as the rise in price is being fueled by commodities
Point-to-point rate of inflation based on CPI-AL and CPI-RL decreased to 6.25 per cent and 6.10 per cent in September from 6.32 per cent and 6.28 per cent, respectively in August, a labour ministry st
Inflation above RBI's comfort zone of 6% for six straight months, Q2 inflation slightly higher than MPC's projection, MPC may refrain from cutting rate in December policy too
The rate of price rise in the food basket was 10.68 per cent in September compared to 9.05 per cent in August, as per the data released by the National Statistical Office
Retail inflation for industrial workers eased to 5.63 per cent in August as compared to 6.31 per cent in the same month a year ago, mainly due to lower prices of certain food items
Retail inflation for farm workers and rural labourers cooled down to 6.32% and 6.28%, respectively, in August compared to the year ago period mainly due to the softening of prices of some food items
This could be result of continued supply-side disruptions, say experts
Wholesale inflation rises above 0 after 4 months
According to the government data, retail inflation rose to 6.93 per cent in July, mainly driven by rising prices of food items like vegetables, pulses, meat and fish
The Consumer Price Index (CPI) inflation rate during August, the data for which is yet to be released, was likely to remain at about 7 per cent, said SBI Ecowrap
Expected surplus farm output will need careful handling
The major contribution towards the rise in the general index of agricultural labourers and rural labourers came from food
Official data released on Thursday showed that CPI for July rose 6.93 per cent year on year, up from 6.23 per cent in June
Food inflation stood at 5.49 per cent in June 2020 as against 5.88 per cent in the previous month and 5.47 per cent during the corresponding month a year ago
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
The National Statistical Office (NSO) released the headline CPI numbers after a gap of two months.
The data collected, however, did not meet the adequacy criteria for generating robust estimates of CPIs at the state-level