Inflation News

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.

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.

Retail inflation for industrial works rises to 5.61pc in August

According to the statement, the food inflation was (-) 0.32 per cent in August as compared to 1.61 per cent during the year-ago period.

Inflation risk led to rate hike: Reserve Bank MPC minutes

In the last MPC meeting held on August 1, five out of the six members voted for a 25 basis points increase in the Repo rate to 6.50 per cent and for retaining the Reserve Bank of India’s neutral policy stance amid various uncertainties on the growth and inflation fronts.

On inflation: India Ratings cuts FY19 forecast to 7.2 per cent

In absolute terms, the current account deficit is expected to widen to $ 71.1 billion in 2018-19 from $48.7 billion in 2017-18.