Jun 15, 2021 01:42 PM IST
With wholesale inflation hitting a record 12.9 percent in May, and fuel prices continuing to soar, the Centre is now shifting the blame to states, high global commodity prices and a low base effect.
- Jan 15, 2021 12:02 PM IST
Kitchen staples cooled retail inflation in December, but pulses played spoilsport.
- Jul 14, 2020 01:15 PM IST
Inflation in food articles during June stood at 2.04 percent, as against 1.13 percent in May. In fuel and power basket, deflation stood at 13.60 percent in June, against 19.83 percent in the previous month.
- Mar 14, 2019 12:08 PM IST
Overall food inflation rate also edged closer to 5 percent. It was 4.28 in February this year compared to 2.34 percent in the previous month and 0.95 percent in the same of last year.
- May 04, 2017 02:46 PM IST
The Food and Agriculture Organization's (FAO) food price index has been falling for five years due to ample supply, a slowing global economy and a strong U.S. dollar.
- Feb 27, 2017 07:24 PM IST
The central bank on Monday announced the launch of the latest 'Inflation Expectations Survey of Households' across 18 cities aimed at capturing subjective assessments on price movements.
- Feb 15, 2017 09:54 AM IST
The 12-month inflation rate hit 1.8 percent last month compared with 1.6 percent in December, the Office for National Statistics (ONS) said in a statement.
- Jan 16, 2017 12:15 PM IST
The data compared with a 3.50 percent annual rise forecast by economists in a Reuters poll. In November, prices rose a provisional 3.15 percent.
- Dec 15, 2016 01:04 PM IST
According to the global financial services major, food prices have remained low over the first 10 days of December and it is getting increasingly likely that the RBI will meet its '5 percent by March' CPI target comfortably.
- Dec 01, 2016 10:42 AM IST
The Nikkei/Markit Manufacturing Purchasing Managers' Index fell to 52.3 in November from October's 54.4, its biggest month-on-month decline since March 2013.
- Nov 22, 2016 06:26 PM IST
"We currently expect CPI inflation to moderate to around 4.0 per cent y-o-y in November from 4.2 per cent in October," Nomura said in a research note.
- Oct 12, 2016 10:51 AM IST
The recently formed Reserve Bank of India Monetary Policy Committee, under new Governor Urjit Patel, cut rates by 25 basis points to 6.25 percent in a surprise move earlier this month, after inflation hit a five-month low in August.
- Jul 13, 2016 12:02 PM IST
Consumer prices rose 5.77 percent on an annual basis last month - the fastest pace since August 2014. This compared with a 5.73 percent increase predicted by economists in a Reuters poll and a 5.76 percent gain in May.
- Apr 11, 2016 07:53 AM IST
The consumer price index (CPI) rose 2.3 percent on-year in March, compared to a 2.5 percent forecast by a Reuters poll and in line with February's 2.3 percent on-year reading. Consumer inflation was down 0.4 percent on-month.
- Mar 15, 2016 07:38 AM IST
"February 2016 inflation numbers are down and on expected lines. Lower food inflation main reason," Department of Economic Affairs Secretary Shaktikanta Das tweeted.
- Mar 03, 2016 03:16 PM IST
The Food and Agriculture Organization's (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 150.2 points in February against a revised 150.0 points the month before.
- Dec 10, 2015 09:02 AM IST
Consumer prices rose 5.4 percent last month, according to the survey of 21 economists, which would mark an acceleration from 5.0 percent in October. The data will be released on December 14.
- Nov 10, 2015 12:34 PM IST
India's first back-to-back drought in three decades also complicates government spending calculations as Prime Minister Narendra Modi tries to prune a subsidy regime that has long propped up the rural economy, and he can ill afford to alienate rural voters after a bruising weekend electoral defeat in Bihar.
- Nov 10, 2015 10:34 AM IST
India's price rises have been fairly muted this year, giving the Reserve Bank of India room to ease policy aggressively, amid wider concerns about a global slowdown.
- Oct 30, 2015 08:01 AM IST
The core consumer price index, which includes oil products but excludes fresh food prices, was more than economists' median estimate for a 0.2 percent annual gain.
- Sep 30, 2015 03:45 PM IST
Fixing structural constraints that push up inflation could be critical in determining whether the Reserve Bank of India (RBI) considers easing policy further, these officials said, given government officials are already pushing for even more rate cuts.
- Sep 28, 2015 12:49 PM IST
The RBI is also likely to err on the side of caution as US interest rates are expected to rise by the end of this year for the first time since 2006, potentially putting pressure on emerging market currencies, including the rupee.
- Sep 23, 2015 03:19 PM IST
In growing contrast with the government, which is desperate to accelerate a sluggish recovery, an increasingly independent RBI under governor Raghuram Rajan remains focused on a long-term inflation target of 4 percent and ending decades of damaging price volatility.
- Sep 11, 2015 06:53 PM IST
It further said "the Reserve Bank of India paused its monetary easing cycle, but we expect there will be further cuts in 2015 as inflation continues to fall."
- Sep 10, 2015 08:59 PM IST
Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 275,000 for the week ended September 5, the Labor Department said on Thursday. It was the 27th straight week that claims remained below the 300,000 threshold, which is usually associated with a strengthening labor market.