Page 8 - Retail Inflation

Top headlines: RBI speaks on inflation; HDFC gets to issue new credit cards

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WPI inflation eases to 11.16% in July as food, crude prices soften

However, WPI inflation remained in double digits for the third consecutive month in July, mainly due to a low base of last year. WPI inflation was (-) 0.25 per cent, in July 2020

Food items drag retail inflation to three-month low of 5.59% in July

Even as the food inflation rate dropped to 3.96 per cent from 5.15 per cent, certain items saw an elevated rate of price rise

RBI hints at normalising ultra-loose policy, bond yields jump to 6.24%

This was the seventh consecutive occasion when the central bank maintained a status quo on policy rates

RBI keeps rates unchanged amid policy dissent on lower-for-longer stance

Policy makers voted 5-1 in favor of keeping the stance accommodative, a departure from the past when they were unanimous on the need to support growth amid the pandemic.

Reserve Bank of India raises retail inflation projection for FY22 to 5.7%

The RBI on Friday raised the retail inflation projection for the current fiscal to 5.7 per cent on account of supply side impediments, firm crude oil prices and higher cost of raw materials.

Experts see status quo, will read between lines: BS monetary policy poll

Retail inflation came at 6.30 per cent in May, and 6.26 per cent in June -- both above the upper limit of the RBI's target

India's inflation could go past RBI target rest of 2021, say report

Forecasts for gross domestic product were raised to a 9.2% expansion in the fiscal year ending March 2022, from the previous 9%, while the gross value added outlook edged down slightly to 9%.

Retail inflation eases slightly to 6.26%, remains above RBI's comfort level

Retail inflation remained elevated due to soaring fuel prices and costlier items in the food basket.

Top headlines: June inflation eases slightly; MobiKwik eyes Rs 1,900-cr IPO

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Retail inflation eases slightly to 6.26% in June; May IIP at 29.3%

Inflation based on Consumer Price Index (CPI) remained elevated due to soaring fuel prices and costlier items in the food basket

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

India's inflation likely edged up to seven-month high in June: Reuters poll

India's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above RBI's comfort zone for a second straight month, a Reuters poll showed

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Retail inflation for industrial workers rose marginally to 5.24 per cent in May 2021 from 5.14 per cent in April mainly due to increase in prices of certain food items and petroleum products, as well as higher mobile phone charges. "Year-on-year inflation for the month (of May) stood at 5.24 per cent compared to 5.14 per cent for the previous month (April 2021) and 5.10 per cent during the corresponding month (May 2020) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released ..

A question of compliance

Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime

RBI likely to maintain status quo in August policy, says SBI report

Retail inflation witnessed a significant uptick in May

Rising inflation risk

Ignoring it for long could increase longer-term costs

'Inflation spike in May might cause RBI to revisit focus on growth risks'

This is based on commentary from global forecasting firm Oxford Economics

Retail inflation jumps to 6-month high of 6.3% on higher food, fuel prices

Breaches RBI's comfort level in May on the back of costlier food items

Top headlines: CIL Q4 net drops marginally; May retail inflation at 6.3%

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