RBI in its previous monetary policy in August had projected the Consumer Price Index (CPI) based retail to be in the range of 4-4.5 per cent during second half of 2017-18.
India's WPI inflation in August has risen to 3.24 per cent, nearly double that of July
Retail inflation in June fell to 1.54 per cent, as compared to 5.77 per cent in the same month last year.
Revenue Secretary Hasmukh Adhia said competition will take care that this does not give way to inflation.
The CPI based retail inflation stood was at 2.99 per cent in April 2017. In May 2016, it was at 5.76 per cent. The overall food inflation was in negative territory at (-) 1.05 per cent during the month.
As per the data released today, inflation in food articles was 1.16 per cent in April, lower than 3.82 per cent in March.
The government also revised upwards the January inflation figure to 5.53 per cent from the provisional estimate of 5.25 per cent.
Official data released by the government showed that the higher fuel costs drove up inflation to its highest level in five months.
Country’s annual rate of inflation based on wholesale prices rose to 39-month high of 6.55 per cent in February from 5.25 per cent in the previous month.
Post-demonetisation, the RBI on Friday warned of a possible spike in inflation and stressed the need to make digital payments "safe and secure", even as it felt that the adverse and transient impact on the
A top Japanese financial holding company has predicted that India’s wholesale price inflation (WPI), which surged to a 30-month high of 5.25 per cent in January, will continue to rise in the next three month.
Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as food prices moderated.
India's factory output rose 5.7 per cent in November compared to a contraction of 3.4 per cent in the same month a year ago, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before.
With subdued demand in the aftermath of demonetisation leading to softening of costs of vegetables and other kitchen staples, India’s wholesale inflation slipped for the third straight month to settle at 3.15 per cent for
ndia's annual retail inflation eased last month to 3.63 per cent from 4.20 per cent in October and 5.41 per cent reported during the corresponding period last year.
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India's annual rate of inflation based on wholesale prices fell marginally to 3.39 per cent for October from 3.57 per cent for the month before, even as prices of pulses and potatoes ruled high, official data showed on Tuesday.
With prices of chana dal and sugar continuing to rule high, Cabinet Secretary PK Sinha asked the Department of Consumer Affairs to consider all options to check their rates. State governments have been told
India’s retail inflation fell to 4.31 per cent in September mainly on account of easing vegetables prices. The retail inflation measured on Consumer Price Index (CPI) was at 5.05 per cent in August. It was
Country’s wholesale inflation soared to a two-year high of 3.74 per cent in August from 3.55 per cent in July.
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