Creative Bharat
Wholesale inflation in India edged marginally higher in February, rising to 2.38 per cent, according to the data released by the Commerce Ministry on Monday. In January, WPI inflation was 2.31 per cent. The Food Index, consisting of ‘food articles’ from the primary articles group and ‘food products’ from the manufactured products group, decreased from […]
NEW DELHI: Kerala had the highest inflation rate among states, while Telangana had the lowest rate in Feb, latest data showed, highlighting that price pressures continue to persist in some of the larger states.Kerala recorded an inflation rate of 7.3% in Feb, followed by Chhattisgarh at 4.9%, Karnataka at 4.5%, Bihar at 4.5% and Jammu […]
Foreign banks and brokerages see the latest soft inflation print in India paving the way for further RBI policy rate cuts with some even predicting a larger, non-standard 35 basis point cut in the April 9 MPC meeting. Some foreign banks expect a sub-4 per cent inflation print laying the ground for 50 basis points more […]
Even as headline inflation rate has come down, imported inflation on account of weakening rupee and led by gold and silver remains a cause of anxiety. This has also pushed core Inflation (subtracting volatile products such as fuel and food from headline inflation) rate to a 16-month high of 4.3 per cent in February. Imported […]
Foreign banks and brokerages see the latest soft inflation print in India paving the way for further RBI policy rate cuts with some even predicting a larger, non-standard 35 basis point cut in the April 9 MPC meeting. Some foreign banks expect a sub-4 per cent inflation print laying the ground for 50 basis points more […]
NEW DELHI: India’s core inflation outlook remains positive despite rising industrial metal prices, a report by ICICI Bank Global Markets revealed.Core inflation remained higher in February, majorly due to a surge in gold prices. Meanwhile, stable global edible oil prices and expectations of a normal monsoon point to a positive outlook for food inflation in […]
NEW DELHI: Retail inflation cooled to a seven-month low in Feb as food prices eased, providing headroom for the Reserve Bank of India (RBI) to lower interest rates in April, while industrial output growth improved in Jan, led by expansion in manufacturing.Data released by the National Statistical Office (NSO) on Wednesday showed inflation, as measured […]
Two macroeconomic indicators reflected a positive turn on Wednesday with retail inflation easing to a seven-month low at 3.6 per cent in February, down from 4.3 per cent in January, on the back of softening food prices. Simultaneously, industrial growth rose to 5 per cent in January, up from 3.5 per cent in December 2024. […]
Retail inflation based on Consumer Price Index (CPI) dipped to 3.61 per cent in January, Government data showed on Wednesday. This is the lowest after July 2024. Meanwhile, industrial growth based on the Index of Industrial Production (IIP) accelearated to 5 per cent in January. Retail inflation was 4.3 per cent in January. “There is […]
Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is well within the Reserve Bank of India (RBI’s) comfort zone and will likely encourage the Monetary Policy Committee (MPC) to cut repo rate in the April review to boost GDP growth.The All India […]
