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Food Inflation News
CPI inflation eases to 4.44% in February 2018; food inflation at 3.26%
Mon, Mar 12, 2018
The CSO, MOSPI, has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015.
Consumer Price Index stands at 5.07% in Jan 2018; food inflation at 4.70%
Mon, Feb 12, 2018
The current CPI was higher if compared with 3.17% of the corresponding month in the previous year.
Is ‘rate hike’ on the table for RBI in FY18's last policy meet?
Wed, Feb 07, 2018
RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.
Will MSP hike in Budget FY19 be inflationary?
Tue, Feb 06, 2018
The Finance Minister also decided to increase food subsidy by 21% or Rs 29,041 crore to Rs 1.69 lakh crore.
Budget FY19 ties RBI’s hand for rate cut in its last FY18 policy
Mon, Feb 05, 2018
Analysts have already predicted that inflation is going to shoot higher than the RBI’s trajectory for FY18.
Inflation during 2017-18 averaged to lowest in 6 years: Govt
Mon, Jan 29, 2018
The survey observes that the economy has witnessed a gradual transition from a period of high and variable inflation to more stable prices in the last four years
Indices hit new highs; bank, financial stocks take lead
Mon, Jan 15, 2018
BSE Sensex closed at 34,843.51, up 0.73%, while the broader Nifty settled at 10,741.55, up 0.56% after breaching the 10,750 level
Inflation will dip in January, claims SBI
Sat, Jan 13, 2018
Increase in December inflation was primarily due to the base effect, a report said
Uptick in CPI inflation validates caution displayed by MPC: ICRA
Fri, Jan 12, 2018
The hardening of the CPI inflation in December 2017 was led by the sharp jump in inflation for housing, as well as a base-effect led uptick in food inflation, with a limited impact of the cut in GST rates, said ICRA today.
Retail inflation for industrial workers up at 3.97% in Nov
Mon, Jan 01, 2018
CPI-IW for October stood at 3.24%
Retail inflation touches 15-month high of 4.88% in November
Tue, Dec 12, 2017
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015.
Retail inflation expected to rise further: Experts
Sun, Nov 19, 2017
According to global financial services majors like Nomura, BofAML and Morgan Stanley, price pressures are likely to build further in the coming months following a cyclical recovery in the economy and rise in vegetable and oil prices.
Food and fuel prices push India's retail inflation in October
Tue, Nov 14, 2017
Food, fuel and housing prices pushed India`s annual retail inflation rate higher in October, official data showed on Monday.
August retail inflation rises 3.36%
Tue, Sep 12, 2017
India's retail inflation or Consumer Price Index (CPI) grew 3.36% in August 2017 as against 2.36% in July 2017 and 5.05% in the corresponding month of the previous year, as per Ministry of Statistics and Program Implementation (MOSPI).
July wholesale inflation rises to 1.88%
Mon, Aug 14, 2017
Analysts expected WPI inflation to rise in July 2017 as prices picked up in the month. However, WPI continues to be well below the Reserve Bank of India's (RBI) target. The central bank expects retail inflation could accelerate to 3.5% to 4.5% in October-December.
Retail Inflation rose by just 1.54% in June
Wed, Jul 12, 2017
Analysts expected consumer inflation to slow down due to sharp drop in food and oil prices. RBI has lowered down its inflation trajectory in the second bi-monthly monetary policy meet.
After months of drifting apart, India's wholesale and retail inflation are finally converging
Mon, Jun 19, 2017
Both WPI and CPI have reached to a series low in the month of May 2017 and are now just 1 basis point difference between each other.
India's May retail inflation reaches record low of 2.18%
Mon, Jun 12, 2017
RBI monetary policy: Will normal monsoon make a case for rate cut?
Wed, Jun 07, 2017
With inflation seen to cool in the economy and chances of a normal monsoon the Monetary Policy Committee, headed by Urjit Patel, RBI Governor is expected to keep repo rate unchanged at 6.25%. However ahead of GST implementation and increase in minimum support prices of food articles, will RBI maintain status quo? Analysts speak.
Even without El-Nino possibility, these factors may keep inflation at 5%
Fri, Apr 21, 2017
Michael Debabrata Patra, member of MPC, in minutes of meeting of the RBI policy meet said, "True to projections made at the time of the last meeting of the Committee, inflation is turning up. It seems to me that it is coming out of the U-shaped compression imposed by demonetisation and is now positioned on the rising slope. Several factors merit pre-emptive concern."