Food inflation decreases to -5.02% in October, while CPI inflation falls to 0.25%. The government stated that CPI data shows the effects of the GST cut are evident in every sector. According to the government release, “the full month’s impact of the decline in GST, favorable base effect, and to drop in inflation of Oils…
The consumer price index (CPI), which measures retail inflation in India, decreased from 3.61% in February to 3.34% in March, a five-year-seven-month low, as food costs significantly decreased. Analysts believe that this will allow the RBI to stimulate growth by reducing interest rates by at least 50 basis points in FY26. In the face of…
According to data released by the Ministry of Commerce and Industry on Monday, in February 2025, India’s wholesale price index (WPI)-based inflation increased to 2.38% (provisional), mostly as a result of rising prices for food products, food article, other manufacturing, non-food item, and textile manufacturing. The WPI rate in January was 2.31 percent, which is…
Retail inflation in India, measured by the Consumer Price Index (CPI), was 3.61% in February, a sharp decline from 4.31% in January, according to figures issued on Wednesday by the Ministry of Statistics & Programme Implementation. This represents a decrease of 65 basis points from January 2025. After July 2024, this is the lowest inflation…
According to data released by the Ministry of Commerce and Industry on Friday, the main causes of India’s January 2025 wholesale price index (WPI)-based inflation decline were price increases for the production of food products, food articles, other manufacturing, non-food items, textiles, etc. Compared to the WPI rate of 2.37 percent from the previous month,…
The Consumer Price Index (CPI)-based retail inflation rate in India for January was 4.31%, a sharp decline from 5.22% in December, according to figures issued on Monday by the Ministry of Statistics & Programme Implementation. After August 2024, this is the lowest year-over-year inflation rate, down 91 basis points from December 2024. In October, CPI…
In the next three to four months, scientists predict that favorable weather, above-normal monsoon rainfall, and improved rabi sowing will significantly reduce food inflation from its current levels. They assert that the prices of grains and edible oils continue to be a cause for concern and represent a short-term upside risk to the inflation trajectory….
The median of 17 estimates indicates that retail inflation, measured by the Consumer Price Index (CPI), probably dropped to 5.6% in November from a 14-month high of 6.21% in October. The primary cause of the dramatic drop in headline print was the cooling costs of food, particularly vegetables. The CPI inflation rate in November 2023…
Against the US dollar, the rupee fell 7 paise to Rs 84.73 in early trading on December 9. Foreign money leaving the country and a decrease in activity in the Indian stock market are the reasons for the dip. The strong demand for dollars from importers and international banks is the reason why the Indian…
The rupee’s ongoing depreciation is mainly due to a strengthening dollar and selling by foreign investors. As the currency continued to decline, it reached a fresh closing low of 84.40 against the US dollar. The rupee settled at 84.40 after ranging from a high of 84.38 to a low of 84.41 during the day. According…
