Consumer Price Index

Consumer Price Index News

Less and less non-resident Pakistanis sending money back home as frayed economy continues to struggle
World

Less and less non-resident Pakistanis sending money back home as frayed economy continues to struggle

The remittances fell to a 31-month low as the dollar cap, which was earlier imposed to stabilise the Pakistani rupee against the US dollar by the government, prompted illegal transfers through hundi, hawala, and other channels

Retail inflation dips to one-year low of 5.72% in December triggered by lower food prices
Business

Retail inflation dips to one-year low of 5.72% in December triggered by lower food prices

The Consumer Price Index (CPI) based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021. The CPI dropped below the Reserve Bank of India’s (RBI) upper margin of 6 per cent for the first time in the calendar year 2022

US inflation slowed sharply to 7.1% over past 12 months
Business

US inflation slowed sharply to 7.1% over past 12 months

Wall Street immediately welcomed Tuesday's better-than-expected inflation data as providing further support for the Federal Reserve to slow and potentially pause its rate hikes by early next year

Retail inflation may drop to 6.7% for October on favourable base, RBI sees no respite
India

Retail inflation may drop to 6.7% for October on favourable base, RBI sees no respite

According to a Moneycontrol poll of 16 economists, Consumer Price Index (CPI) inflation is expected to have fallen to 6.7 per cent in October from 7.41 per cent in September, thanks to a favourable base effect

Inflationary surge is a global phenomenon today, but Modi’s India has done much better than others
Business

Inflationary surge is a global phenomenon today, but Modi’s India has done much better than others

The BJP government has repaired and reinvigorated the Indian economy, with Prime Minister Narendra Modi taking the lead in combining the best of both — welfarism and unrelenting reforms

Retail inflation in February inches up to 6.07%, shows govt data
Business

Retail inflation in February inches up to 6.07%, shows govt data

The Consumer Price Index (CPI) based retail inflation was 5.03 per cent in February 2021 and 6.01 per cent in January

Retail inflation rises to 5.59% in December due to an uptick in food prices, shows government data
Business

Retail inflation rises to 5.59% in December due to an uptick in food prices, shows government data

According to the RBI, it is expected that headline inflation will peak in the fourth quarter of the current fiscal and soften thereafter

RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23, says Barclays
Business

RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23, says Barclays

The brokerage expects inflation to be at 5.4 percent for FY22, higher than the previous fiscal's level and attributed the present surge in the price rise situation to global commodity prices

Retail inflation rises to 5.52% in March due to higher food prices, shows govt data
Business

Retail inflation rises to 5.52% in March due to higher food prices, shows govt data

The rate of price rise in the food basket accelerated to 4.94 percent in March from 3.87 percent in the preceding month, as per data released by the NSO

Retail inflation in India declines to 6.93% in November on softening food prices
Business

Retail inflation in India declines to 6.93% in November on softening food prices

The RBI, which mainly factors in retail inflation while arriving at key policy rates, has been mandated by the government to keep inflation at four percent

Govt freezes DA, DR for 1.1 cr central govt employees, pensioners: Here's all you need to know about Dearness Allowance
Business

Govt freezes DA, DR for 1.1 cr central govt employees, pensioners: Here's all you need to know about Dearness Allowance

Dearness Allowance is paid by the government to its employees as well as a pensioner to offset the impact of inflation

Coronavirus Outbreak: Economists expect retail inflation to spike in April due to nationwide lockdown
Business

Coronavirus Outbreak: Economists expect retail inflation to spike in April due to nationwide lockdown

Economists on Monday termed the ease in March CPI inflation to a four-month low of 5.1 percent as a misplaced sense of improvement because the impact of lockdown on food prices will be felt in April

Retail inflation cools first time after six months to 6.58% in February on easing of vegetable prices
Business

Retail inflation cools first time after six months to 6.58% in February on easing of vegetable prices

Retail inflation dropped for the first time after six months in February, easing to 6.58 percent as prices of vegetables and other kitchen items cooled, government data showed on Thursday

Retail inflation slows to 6.58% in February on easing food prices; industrial production grows 2% in January
Business

Retail inflation slows to 6.58% in February on easing food prices; industrial production grows 2% in January

Retail inflation slowed to 6.58 percent in February over the previous month mainly due to easing food prices, government data showed on Thursday

Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals
Business

Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals

The twin set of macroeconomic data released on Wednesday doesn’t augur well for the economy

Retail inflation likely hit near six-year high at 7.40% in January, says poll; official data to be out on 12 February
Business

Retail inflation likely hit near six-year high at 7.40% in January, says poll; official data to be out on 12 February

Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a small majority of economists in a <em>Reuters</em> poll, which may persuade the Reserve Bank of India (RBI) to keep interest rates on hold in the coming months

WPI rises to 7-month high at 2.59% in December from 0.58% in November on hike in onion, potato prices
Business

WPI rises to 7-month high at 2.59% in December from 0.58% in November on hike in onion, potato prices

Among food articles, vegetable prices surged by 69.69 percent mainly on account of onion, which witnessed 455.83 percent jump in prices, followed by potato at 44.97 percent.

Retail inflation surges to over 5-year high of 7.35% in December, surpasses RBI's comfort level
Business

Retail inflation surges to over 5-year high of 7.35% in December, surpasses RBI's comfort level

Retail inflation rose to about five-and-half year high of 7.35 percent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of vegetables as onions were selling costlier

Retail inflation shoots up to over 3-year high of 5.54% in November on costlier food prices
Business

Retail inflation shoots up to over 3-year high of 5.54% in November on costlier food prices

Retail inflation rose significantly to over three-year high of 5.54 percent in November, mainly on account of higher food prices

What to expect from September quarter GDP data, Mudra loans turn NPAs; read this and more on Moneycontrol Pro
Business

What to expect from September quarter GDP data, Mudra loans turn NPAs; read this and more on Moneycontrol Pro

Ahead of the September quarter data release, economists seem to be engaged in a game of competitive devaluation of the GDP growth estimate, putting it between 4.2 and 4.7%, at constant prices.