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7.79%
- Consumer price index-based inflation rose more than expected to 7.79% in April year-on-year, remaining above the Reserve Bank of India's (RBI) tolerance band of 6% for a fourth month in a row, data released by National Statistics Office showed on Thursday. April's print was higher than 6.95% in the previous month and 4.23% a year ago.
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6 hours ago · Average home prices in India are expected to rise steadily over the next few years as the country's rich drive up demand for luxury housing, according to property experts polled by Reuters who ...
- India's retail inflation surges on food prices in challenge ...
India's annual retail inflation in July rose to its highest...
- India consumer price inflation hits eight-year high on food ...
NEW DELHI, May 12 (Reuters) - Rising food and energy prices...
- India's retail inflation surges on food prices in challenge ...
Aug 23, 2023 · India's annual retail inflation in July rose to its highest in 15 months as vegetable and cereals prices skyrocketed, beating all market expectations and putting pressure on the government to...
May 12, 2022 · NEW DELHI, May 12 (Reuters) - Rising food and energy prices pushed India's annual retail inflation up towards an eight-year high in April, strengthening economists' view that the central...
- % Increase in A Year
- Meat and Oil
- Growth, Global Shocks
- RBI, Repo Rate
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Inflation is simply the rate of increase in prices of goods and services. In India, it is measured year-on-year, meaning prices for a month are compared with prices from the same month in the previous year. From this rate, we can gauge the increase in the cost of living in a place over a period of time. Food prices were 7.68% higher in March 2022 c...
Shazi’s family has not made any changes to their eating habits yet, but she is wary of the increase in prices of mutton and imported fruits that her seven-year-old daughter loves. “I have been thinking about ways to save, about what foods I can limit to keep up with rising prices, but as of now there have been no changes to our diet,” she said. Whi...
India will recover from the effects of the pandemic only in 2034-35, if it grows at 7.2-7.5% every year from 2022-23, said a Reserve Bank of India report released on April 29. In 2020-21, India’s gross domestic product was 7.3%lower than that in 2019-20. All the components of the Index of Industrial Production, an index that measures the growth in ...
The Reserve Bank of India has to keep inflation at 4%, and not below 2% or above 6%, until March 2026, according to the Monetary Policy Report for April 2021. For the last three months, inflation has been above 6%, and it would be dangerous for the Reserve Bank to boost demand further, according to Sengupta. Ordinarily, to boost demand, the Reserve...
Wholesale Price Index inflation was at 14.55%in March 2022. This is the second highest (after November 2021 when it was 14.87%) since April 2012. About a quarter of the index is made up of food and food products. The rising cost of inputs and raw materials for industries like fast moving consumer goods, cement, garments and others is being passed o...
6 days ago · The inflation rate increased due to higher prices of food, electricity, crude petroleum and natural gas, food products and other goods manufacturing. In April 2024, the Wholesale Price Index...
May 13, 2022 · Headline inflation has been above the 4% mark since 2019-20 — the year when the current Narendra Modi government won its second term. Headline inflation is calculated using the Consumer Price Index. This index had different categories with varying weights. There are three main categories: FOOD ITEMS, which account for 46% of the index;
Apr 20, 2022 · As of Sunday, petrol and diesel prices stood at 120.51 rupees ($1.57) and 104.77 rupees ($1.37) respectively in Mumbai, up 26 percent and 21 percent since March 22, when the Indian government...
