The centeral government will continue to target as 4% inflation until 2031.

For the next five years, concluding on March 31, 2031, the Center announced the inflation target on Wednesday, maintaining it at 4% with a tolerance range of two percentage points on either side. This target band has successfully anchored inflation expectations between 2016 and 2026, according to evaluations of the framework. The administration maintained the…

Read More

Wholesale price inflation reached a ten-month high of 1.81% in January.

According to data released on Monday by the Ministry of Commerce and Industry, India’s wholesale price inflation increased to a 10-month high of 1.81% year-over-year in January, up from 0.83% in December. The price increases were mostly caused by increases in non-food and food articles, textiles, basic metals, and other manufactured goods. From -1.0% in…

Read More

February WPI inflation increases slightly from January’s 2.31% to 2.38%.

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…

Read More

Food price WPI inflation eases to 2.31% in January following a decline in the CPI.

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,…

Read More

January CPI inflation slows to 4.31%, a five-month low, as food price increases slow down.

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…

Read More