retail inflation

retail inflation News

April IIP rises to 3.4%; May retail inflation spikes to 7-month high

Retail inflation, based on Consumer Price Index (Combined) climbed higher to a seven-month high of 3.05 in May on the back of rise in food inflation, separate set of data released by MoSPI showed.

Explained: Why CPI inflation is rising, its impact on interest rates

Despite rising CPI inflation, analysts expect the Reserve Bank of India to cut repo rate – the rate at which it lends short-term funds to banks – as inflation remains within the RBI's target of 4 per cent even as growth of the Indian economy has been slowing down.

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February IIP slips to 20-month low, retail inflation for March inches up

Manufacturing output in Index of Industrial Production (IIP) slipped again into negative territory after a gap of two months, contracting 0.3 per cent in February as against a growth of 8.4 per cent in the year-ago period and 1.0 per cent growth in previous month.

Retail inflation inches up to 2.86 per cent in March

The inflation based on Consumer Price Index (CPI) was 2.57 per cent in February this year. On yearly basis, it was 4.28 per cent in March 2018.

Industrial growth slows down to 1.7%, retail inflation rises to four-month high

During April-January 2018-19, industrial output grew at 4.4 per cent as against 4.1 per cent in the same period previous fiscal.

Retail inflation slips to 18-month low in December

Data released by the Ministry of Statistics and Programme Implementation showed that inflation based on wholesale prices fell to an eight-month low of 3.80 per cent in December.

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Retail inflation hits one-and-half year low, industrial output soars to 8%

This comes after the RBI, in its monetary policy committee meeting last week, cut its inflation projection to 2.7-3.2 per cent for October-March 2018-19 from its earlier view of 3.9-4.5 per cent.

India's retail inflation at five month high of 5 per cent in June

The retail inflation was 4.87 per cent in May while in June last year it was 1.46 per cent. The last time it reached a high of more than 5 per cent was in January when it touched 5.17%.

SBI welcomes decision to hike MSP of kharif crops, but says move will increase retail inflation

In its 'Ecowrap' report, which was released on Friday, SBI said while the move would address farmer distress in the country, the immediate fallout of the announcement would be a rise in inflation by 73 basis points.

Retail inflation hits four month high of 4.87% in May on costlier veggies, fuel

Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding month, April. In May 2017, however, it was at a low of 2.18 per cent.

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