October’s CPI just hit 0.25%—the lowest since the 2011-12 series began. A triumph of policy? A statistical mirage? A rate cut in December? Or a warning bell for rural India?
October marks lowest reading in current series since 2013; RBI trims FY26 inflation forecast to 2.6%
July retail inflation revised to 1.61%
The consumer price index picked up to 2.9 percent in August, accelerating from 2.7 percent on a year-on-year basis in July, said the Labor Department, as US President Donald Trump's tariffs filter through the world's biggest economy
The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from May. On an annual basis, it advanced 2.9%
After Kerala, Karnataka recorded the highest inflation rate at 4.26 percent. Jammu and Kashmir followed at 4.25 percent. Telangana saw the biggest drop at 1.26 percent
The CPI print sets the stage for another rate cut by the RBI in its June policy of 25 bps, they said.
Retail inflation was 3.34% in March; food inflation in April was 1.78%, lower than 2.69% in the preceding month
Last week, the central bank's monetary policy committee reduced the repo rate by 25 basis points, the second such cut in a row, on benign inflation outlook and moderate growth
Food inflation declined to 40-month low of 2.69 percent in March as against 3.75 percent in February
Retail inflation declined to a seven-month low of 3.6 percent, with food inflation declining to its lowest level in 21 months
Prices of over half of the food items rose in February compared to a month ago, as households spending more on food and services felt the pinch of rise in prices more than others.
Favorable factors such as replenished reservoir levels, a robust Kharif crop forecast, and ample food grain stocks are expected to sustain the inflation trend over the medium term.
Beyond the short-term, the outlook for food inflation is becoming more favourable with improvement in kharif and rabi season prospects, said RBI Governor Shaktikanta Das
The question is that with some indicators indicating a slowdown in growth, would the MPC prefer to look through the vegetable price spike and focus on the fact that low core inflation signals there has been hardly any spillover from food prices
The All-India CPI-IW (Consumer Price Index-Industrial Workers) for August 2024 decreased by 0.1 points and stood at 142.6 points, a labour ministry statement said.
India's retail inflation inched up to 3.65 percent year-on-year in August but stayed comfortably within the RBI's 4 percent tolerance band
If we take the index values, the consumer price index was at 193 both in July and in August. In other words, month-on-month inflation for August is zero
The rise in month-on-month retail inflation from 1.33 percent in June to 1.42 percent in July is mainly due to the rise in mobile telephony charges
The Consumer Price Index-Industrial Workers (CPI-IW) was 3.87 per cent in April 2024, a labour ministry statement said
Three major economies — US, China and India — reported inflation data. The overall conclusion is that emerging markets look attractive. But there's a fly in the ointment
Food inflation rose 8.7 percent in April, compared with a 8.52 percent rise in the previous month
What makes food inflation challenging is not just that is immune to monetary measures but that it is volatile. Policy rate changes or even tweaks in liquidity cannot influence food prices and supply management is the only tool here.
Retail inflation in November reached a 3-month high on the back of rising food prices. Meanwhile, FASTag appears to be on the right lane, with toll collection seeing steady growth. Data from Cloudflare shows that the share of Indians using desktops to get online is rising
The recent meeting of the Monetary Policy Committee had pointed out that core disinflation is steady, but headline inflation remains volatile due to recurrent food price shocks