Page 4 - Retail Inflation

July retail inflation eases to 6.71% on food prices, stays above RBI target

Among the sub-groups, inflation for vegetables was 10.90 per cent compared with 17.37 percent in June

Inflation trajectory may be benign going forward, says SBI report

The Reserve Bank of India has raised the repo rate by 140 basis points to 5.40 per cent since May to tackle high inflation

Is the worst of inflation behind us?

India's retail inflation has eased to 6.78% in July due to a fall in prices of food and fuel, according to Reuters. But it is still pinching people's pockets. Can we expect relief in the coming days?

Worst of inflation behind us; mkt recovery to continue: Emkay's Sachin Shah

The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers

Retail inflation for industrial workers eases to 6.16% in June: Ministry

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain food items and petrol. "Year-on-year inflation for the month stood at 6.16 per cent compared to 6.97 per cent for the previous month (May 2022) and 5.57 per cent during the corresponding month (June 2021) a year before," a labour ministry statement said. It said the food inflation stood at 6.73 per cent in June against 7.92 per cent in the previous month and 5.61 per cent in June 2021. The all-India CPI-IW (consumer price index for industrial workers) for June 2022 increased by 0.2 points and stood at 129.2 points. CPI-IW was 129 points in May 2022. The maximum upward pressure in the current index came from Food & Beverages group contributing 0.20 percentage points to the total change. Potato, onion, tomato, cabbage, apple, banana, coriander, chilli dry, fish fresh, poultry chicken, vada, idli dosa, cooked meal, cooking gas, kerosene oil, ...

Despite fiscal steps, wheat, pulses and LPG see high inflation in July

The government announced a number of fiscal steps after overall inflation refused to come below six per cent since January this year.

GST changes from Monday may put pressure on retail inflation: Experts

Falling global commodity prices may neutralise the impact, say experts

India's retail inflation eases marginally in June, but rate hike on cards

The RBI has the mandate to ensure that inflation remains at 4%, with a margin of 2% on either side

Pointed attack on inflation will need to continue, says FM Sitharaman

Her remarks came hours after official data showed that retail inflation in June stood at 7.01%. The print was lower than 7.04% recorded in May but still higher than RBI's comfort level of 6%.

Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

Retail inflation marginally eases to 7.01% in June; IIP grows 19.6% in May

CPI inflation stays well above the Reserve Bank of India's tolerance limit for sixth consecutive month

Government to release key data on June retail inflation on Tuesday

The government on Tuesday will release the key data on June retail inflation which will be factored by the Reserve Bank in its next bi-monthly monetary policy to be announced in early August.

India's retail inflation likely held steady just above 7% in June: Poll

The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual 7.03% in June, versus 7.04% in May

What RBI's letter to govt on missing inflation target is likely to contain

Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward

Plenty of gaps in food inflation control measures, complain industry bodies

They say some measures have spawned malpractices on the part of exporters, others have been partial to a certain section of traders

Retail inflation eases to 7.04% in May, but remains above RBI's target band

Inflation in the food basket was 7.97% in May 2022, marginally lower than 8.31% in the previous month, as per the data released by the National Statistical Office

Top headlines: May retail inflation eases; two broadcasters for IPL

Business Standard brings you the top headlines on Monday

Top Headlines: RIL-Apollo bid for Boots, India's retail inflation, and more

RBI's monetary policy committee (MPC) is likely to decide on the exact rate hike on the basis of its inflationary expectations at that point of time. Read more in our top headlines

High WPI may put pressure on retail inflation, says RBI in annual report

The Reserve Bank said in its annual report said there is a risk of high wholesale price inflation (WPI) putting pressure on the retail inflation, albeit with a lag

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts

Economists expect 40-50 bps hike in repo rate by MPC next month