Page 7 - Retail Inflation

Retail inflation expected to be around 5.3% during FY22: Reserve Bank

The Reserve Bank of India (RBI) on Wednesday said the retail inflation is expected to be around 5.3 per cent during the current fiscal year.

Retail inflation for farm, rural workers marginally down in October

Retail inflation based on consumer price indices for farm and rural workers eased marginally in October against September 2021. Point to point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labour) and CPI-RL (rural labour) stood at 2.76 per cent and 3.12 per cent in October 2021 against 2.89 per cent and 3.16 per cent, respectively, in September, 2021, a labour ministry statement said. Retail inflation based on CPI-AL and CPI-RL were 6.59 per cent and 6.45 per cent respectively during the corresponding month of the previous year (October 2020). Food inflation for farm and rural workers stood at 0.39 per cent & 0.59 per cent in October, 2021 compared to 0.50 per cent & 0.70 per cent respectively in September 2021 and 7.96 per cent & 7.92 per cent respectively during the corresponding month of the previous year. The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers for the month of October 2021 increased by

IIP growth slows down to 3.1% in September as base effect fades away

The 3.1 per cent YoY growth was driven by a jump in mining and manufacturing activity

Retail inflation rises to 4.48% in Oct, reverses 4-month downward trend

4-month downward trend reversed; core inflation rises to 5.8%, substantiates FinMin fears

Oct retail inflation rises marginally to 4.48%; Sept IIP slows to 3.1%

This marks the fourth consecutive month inflation has been within the Reserve Bank of India's tolerance band of 2%-6%

Top headlines: Oct retail inflation up marginally; Hindalco Q2 net surges

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Retail inflation for industrial workers eases to 4.41% in September

Food inflation stood at 2.26 per cent against 4.83 per cent of the previous month and 7.51 per cent during the corresponding month a year ago

Retail inflation for farm, rural workers eases to 2.89%, 3.16% in Sept

Retail inflation for farm workers and rural labourers eased to 2.89 per cent and 3.16 per cent, respectively, in September, mainly due to lower prices of certain food items

IMF keeps its India economic growth projection for FY22 unchanged at 9.5%

Says India will be the fastest-growing major economy in the world again

Top headlines: IMF says India to grow 9.5%; retail inflation at 5-month low

Business Standard brings you the top stories from today

Retail inflation eases to 4.35% in Sept; IIP grows 11.9% in August

This marks the third consecutive month within the Reserve Bank of India's inflation tolerance band of 2%-6%.

Power outages risk to growth, add to retail inflation woes: Nomura

With power demand likely to rise amid continued economic normalisation and upcoming festive sales, supply-side disruptions pose an important near-term downside risk to growth momentum, Nomura warned

Call it economic recovery or not, most indicators are trending upwards

The government's critics and loyalists are both wrong in the way they view economic data.

Retail inflation for industrial workers eases to 4.79% in August

Retail inflation for industrial workers eased to 4.79 per cent in August compared to 5.27% in July this year, mainly due to the lower price of certain food items.

Commodity price surge deals stagflationary blow to world economy

Rising costs for households and companies are hitting confidence while pushing inflation faster than economists had expected only a few months ago

Retail inflation for farm, rural workers eases marginally in August

Retail inflation for farm and rural workers eased marginally to 3.9 per cent and 3.97 per cent, respectively in August

India's WPI inflation rises to 11.39% in August on higher fuel prices

Snapping the two-month easing trend, WPI inflation rose in August and remained in double-digit for the fifth consecutive month. In July 2021, WPI inflation stood at 11.16 per cent

India's August WPI inflation quickens to 11.39% on higher fuel prices

Fuel and power prices rose 26.09% in August year-on-year compared with 26.02% in July, while manufactured product prices rose 11.39% compared with 11.20% in the previous month.

India's retail inflation eases to four-month low of 5.3% in August

Retail inflation had breached the RBI's target of 2-6 per cent in April as the Covid-induced lockdown impacted supply

India's retail inflation eases further to 5.3% in August

Inflation is within RBI's 2%-6% comfort range for a second month. But it has been above the medium-term target of 4% for nearly two years