Retail inflation in India rose at its fastest pace in four months in December 2023, largely due to a spike in cereals and products and eggs. Sub-index for vegetables though declined substantially.
Wholesale inflation in India, based on the Wholesale Price Index, is back in positive territory after staying in the negative zone for the seventh straight month until October.
Retail inflation in India continued to ease through October, supported by a relative decline in some of the sub-indexes. The October consumer price index (CPI) came at a four-month low of 4.87 per cent against 5.02 per cent the previous month, official data showed.
Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone for the sixth straight month through September, official data showed on Monday.
Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and pulses prices.
Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruits, and pulses prices.
According to the rating agency’s report, food inflation in India, which accounts for a sizeable 39 per cent of the headline Consumer Price Index (CPI), is showing renewed signs of pressure.
Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone for the third straight month in June, besides hitting a fresh multi-year low.
Chennai (Tamil Nadu) [India], July 13: The cost of healthcare in India is rising at an alarming rate. According to a recent report by the National Health Systems Resource Centre, the medical inflation rate in India was 14 per cent in 2022. This means that the cost of healthcare is increasing
Bucking the trend, retail inflation in India rose considerably in June to 4.81 per cent, largely due to a sharp spurt in vegetable prices. The inflation index for rural and urban was 4.72 per cent and 4.96 per cent, respectively.
Retail inflation in India further eased sharply in May to 4.25 per cent, hitting a two-year low. It was at 4.7 per cent in April and 5.7 per cent the previous month.
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent