Page 5 - Retail Inflation

Govt needs to clarify whether it wants oil price control or exports

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

Top Headlines: Fuel rate cut to ease inflation, report on EV fire, and more

The recent EV scooter fires were caused by defects in their batteries, including in the designs of the battery packs and modules, a DRDO report said. Read more in our top headlines.

Statsguru: From food to fuel, here's how rising prices are affecting us

In April, the wholesale food price index rose 8.9 per cent, while the consumer food price index rose 8.4 per cent

Muted impact of wheat export ban on India's domestic food inflation: Nomura

If India's wheat ban leads to higher price of substitutes like rice, then there could be upward pressure on other food prices

Inflation: Your soap or cookies may not be getting pricier but lighter

Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel

Retail inflation hits 8-yr high of 7.8% in Apr on costlier fuel, food items

Factory output shows poor growth at 1.9% in March

Retail inflation accelerates to 7.79% in April; March IIP growth at 1.9%

The jump in CPI inflation has been long anticipated following the Central govt's decision to wait until after key state elections in March to hike fuel prices

Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%

Business Standard brings you the top headlines on Thursday

Indices end at 9-wk lows ahead of CPI inflation data; Sensex drops 1,158pts

CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels

What explains RBI's 'near-unanimous' inaction even as inflation was rising?

For the RBI, a correct reading of its mandate would have been that the inflation target is 4%, not 6%. And action to raise interest rates should have begun last year, writes T N Ninan

Retail inflation may have touched 7.4-7.5% in April, say economists

Consumer price index (CPI)-based inflation rate rose to 6.95 per cent in March 2022 from 6.07 per cent in the previous month

Retail inflation for industrial workers rises to 5.35% in March

Retail inflation for industrial workers rose to 5.35 per cent in March from 5.04 per cent in February this year, mainly due to higher prices of certain food items. "Year-on-year inflation for the month stood at 5.35 per cent compared to 5.04 per cent for the previous month (February 2022) and 5.64 per cent during the corresponding month (March 2021) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 6.27 per cent against 5.09 per cent of the previous month and 5.36 per cent during the corresponding month a year ago. The All-India CPI-IW (consumer price index-industrial workers) for March 2022, increased by 1.0 point to 126 points. It was 125 points in February 2022. On one-month percentage change, it increased by 0.80 per cent in the previous month compared to an increase of 0.50 per cent recorded between corresponding months a year ago. The maximum upward pressure in the current index came from Food and Beverages group contributing

In a first, RBI may have to explain to govt why it couldn't curb inflation

Retail inflation has overshot the 6% upper tolerance limit for three years on the trot; experts say protracted Ukraine war and other factors may keep prices up

Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March

Retail inflation for farm and rural labourers increased to 6.09 per cent and 6.33 per cent, respectively, mainly due to higher prices of certain food items and clothing. "Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labourers) and CPI-RL (consumer price index rural labourers) stood at 6.09 per cent and 6.33 per cent in March 2022, compared to 5.59 per cent & 5.94 per cent, respectively, in February 2022, and 2.78 per cent and 2.96 per cent, respectively, during the corresponding month (March 2021) of the previous year," a labour bureau statement said. Similarly, it stated that the food inflation stood at 4.91 per cent and 4.88 per cent in March 2022, compared to 4.48 per cent and 4.45 per cent, respectively, in February 2022, and 1.66 per cent and 1.86 per cent during the corresponding month of the previous year (March 2021). The All-India Consumer Price Index Number for agricultural and rural labourers for March 2022 increased by 3 ...

West Bengal, Uttar Pradesh and Assam saw over 8% March retail inflation

CPI inflation was more pronounced in rural areas from January in FY22

Fuel price rise could not have stoked March inflation, say experts

Price rise in fuels will only reflect in April numbers

Experts see four rate hikes in FY23, beginning June: BS Poll of economists

Nearly 7% retail inflation in March may spur policy tightening

India's retail inflation rises to 6.95% in March; IIP remains muted

Food and oil prices push inflation to 17-month high

India's retail price inflation likely to remain over 6% till April

This is owing to elevated oil and commodity prices

Many Indians tighten belts as Ukraine war drives up prices of necessities

Higher prices from European conflict put economic recovery at risk; companies up prices to pass on higher costs of fuel, materials