In light of strong agricultural output and declining crude prices, the Reserve Bank of India (RBI) reduced its inflation forecast for FY26 on Wednesday from 4.2% to 4% from 4.2% in February. The RBI’s Monetary Policy Committee (MPC) examined the state of the economy during its policy meeting and identified a significant improvement in food…
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…
The Ministry of Statistics & Programme Implementation (MoSPI) revealed data on Tuesday that indicated a strong increase in food prices in October 2024 caused India’s retail inflation, which is based on the Consumer Price Index (CPI), to spike to a 14-month high of 6.21%. Inflation measured by the CPI was 5.49 percent in September, compared…
A negative base impact is probably why India’s retail inflation, as measured by the Consumer Price Index, increased to 5.1% in September from 3.65% in August. CPI inflation was 5.02 percent in September 2023. With the expected 5.1% print, the Reserve Bank of India’s (RBI) prediction for retail inflation in the September quarter will align…
Due to a rise in grain prices and a little lower base than the one for July, India’s retail inflation, as measured by the Consumer Price Index (CPI), crept up to 3.65% in August from 3.6% in July. Retail inflation decreased to 6.83% in August 2023 from 7.44% in July 2023. Due to a large…
