retail inflation

Retail Inflation Likely to Breach 6% in October: UBI Report

10 Nov 2024

Retail inflation in India is expected to surpass the Reserve Bank of India’s (RBI) upper tolerance band of 6% in October, according to a recent report by Union Bank of India (UBI). The report cites continued escalation in food prices and the waning impact of the high base effect as...

‘Service’ And ‘Growth’ Key Themes In Nirmala Sitharaman’s Economic Survey Speech

23 Jul 2024

In her recent presentation of the Economic Survey on July 22, 2024, Finance Minister Nirmala Sitharaman frequently emphasized the terms ‘service’ and ‘growth.’ She mentioned 'service' a remarkable 433 times and 'growth' 402 times. Other frequently used words included ‘State’ (366 times), ‘global’ (343 times), and ‘development’ (301 times). Understanding...

SBI Research Report Forecasts Retail Inflation Around 5%

14 Jul 2024

Retail inflation in India, or the Consumer Price Index (CPI), is projected to stay below or around 5.0 percent for the rest of the 2024-25 period, except for September, according to SBI Research. June saw an uptick in India's retail inflation rate, departing from the gradual decrease observed in earlier...

India’s Annual Retail Inflation Steadies At 4.75 Percent In May

12 Jun 2024

The annual retail inflation of India has now steadied at 4.75 percent in May, which decreased from 4.83 percent in April announced govt. data on Wednesday. As per the data, there has been a marginal decline from April's 4.83 per cent to 4.75 percent in May. It is indeed lesser...

India’ wholesale inflation moderates further to fall below 5 pc.

16 Jan 2023

India’s wholesale inflation based on the Wholesale Price Index of the month of December 2022 was at 4.95%, against the previous month’s 5.89%, official data showed. In October, it was at 8.39% and has been falling since then. Notably, the Wholesale Price Index (WPI) based inflation had been in double...