WPI inflation rises to 13.11%
According to the data released by the NSO, the rate of price rise in the food basket was 5.89% in February, up from 5.43% in the preceding month
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The metric, in fact, rose to as much as 8.44% last May, when second Covid wave was on; analysts cite huge demand-supply gap, rising staff costs for state of affairs
Retail inflation for industrial workers rose to 5.84 per cent in January over the same month a year ago mainly due to higher prices of certain food items, the labour ministry said
Retail inflation for farm workers and rural labourers rose to 5.49 per cent and 5.74 per cent, respectively in January mainly due to higher prices of certain food items
Close to 6% in state's urban areas; Punjab, Manipur have lower inflation rates
RBI Governor Shaktinakta Das on Monday said the central bank's retail inflation outlook for FY23 was quite "robust"
Data released by the statistics department showed consumer price index (CPI) based inflation rate touched 6.01 percent in January driven by food and beverages, clothing and footwear
Jan inflation has breached the upper limit of the Reserve Bank of India's tolerance band
The Reserve Bank of India (RBI) retained its inflation projection at 5.3 per cent for the current financial year
Budget 2022 needs to change opinion in the country, if only to divert attention from unemployment and inflation.
Retail inflation for farm and rural workers rose to 4.78 per cent and 5.03 per cent respectively in December 2021, mainly due to higher price of certain food items, official data showed on Thursday. "Point to point rate of inflation based on the CPI-AL (consumer price index for agricultural labour) and CPI-RL (rural labourers) stood at 4.78 per cent & 5.03 per cent in December, 2021 compared to 3.02 per cent & 3.38 per cent respectively in November, 2021 and 3.25 per cent and 3.34 per cent respectively during the corresponding month of the previous year (December 2020)," a labour ministry statement said. Food inflation stood at 2.99 per cent (farm labour) and 3.17 per cent (rural labour) in December 2021, compared to 0.88 per cent and 1.07 per cent respectively in November 2021, and 2.97 per cent and 2.96 per cent during the corresponding month of 2020. The All-India Consumer Price Index numbers for agricultural labourers and rural labourers for December 2021 increased by 5 ...
WPI inflation has remained in double digits for the ninth consecutive month beginning April
Rising pricing pressure in clothing and footwear (8.3%) and fuel group (10.95%) contributed to the rise in retail inflation while food prices rose to 4.05%
Retail inflation was 4.91% in November 2021 and 4.59% in December 2020
This is the highest WPI rate in 2011-12 series with WPI inflation remaining in double digits for 8th month in a row
Remains within RBI's target range for fifth month
Overall, inflation in the food basket was 1.87% in November compared to 0.85% a month earlier. However, it was significantly down from 9.5% in November 2020
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