Inflation

Inflation News

At 3.18%, March wholesale inflation hits 3-month high on costlier food, fuel

Food articles’ inflation has been rising steadily for the last five months. Inflation in the fuel and power category also rose to 5.41 per cent, from 2.23 per cent in February.

Wholesale inflation rises to 2.93% in February

According to the Ministry’s latest release, the price of betel leaves, maize, arhar, bajra, barley, jowar, poultry chicken, moong, masur, wheat, paddy, urad, pork, ragi, egg and marine and inland fish rose.

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Retail inflation rises to 4-month high of 2.57 per cent in February

Food inflation based on CPI, however was in negative at 0.66 per cent. The latest print is higher than (-) 2.24 per cent in January. The earlier lowest inflation was 2.33 per cent in November 2018.

Farmers bear the burden of deflation

Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season.

WPI inflation at 8-month low of 3.80 per cent in Dec on softening fuel, food prices

According to the government data released Monday, deflation in food articles stood at 0.07 per cent in December, against 3.31 per cent in November.

Reserve Bank monetary panel remains cautious on inflation

The six-member MPC had unanimously decided to maintain the Repo rate at 6.50 per cent during the bi-monthly monetary policy review while staying optimistic on growth.

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HDFC Bank Treasurer Ashish Parthasarathy: ‘With inflation staying low, chances of a rate cut have certainly opened up’

He said that while low inflation has opened up the chance of a rate cut, it is unlikely before April 2019.

Calling a truce

The RBI board meeting signals a new balance of power between bank and government

WPI inflation rises to 5.13% on costlier fuel, hardening of food prices

Food articles witnessed hardening of prices with deflation at 0.21 per cent September as against 4.04 per cent in August, according to the government data released Monday.

‘Mumbai residents most affected by inflation’

The cities that didn’t feel the inflation bite so much were Bengaluru at 4.7 per cent and Raipur at 5.8 per cent.

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