Retail inflation in the month of March fell to 3.34 per cent from 3.61 % in February, according to the official data released by the Ministry of Statistics & Programme Implementation.
Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
Wholesale inflation in India edged marginally higher in February, rising to 2.38 percent, according to data released by the commerce ministry on Monday. In January, it was 2.31 percent.
Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the repo
The much-awaited inflation data of United States (US) signals cooling in headline Consumer Price Index (CPI) standing at 2.8 per cent year-on-year, as per the data released by U.S. Bureau of Labor Statistics.
India's inflation outlook showed a significant improvement in February 2025, as the year-on-year Consumer Price Index (CPI) inflation rate stood at 3.61 per cent, marking a decline of 65 basis points from the previous month.
India's Wholesale Price Index (WPI) inflation is expected to decline to 2 per cent in February 2025 from 2.3 per cent in January, primarily due to a drop in oil prices and a seasonal decline in food prices, according to a report by Union Bank of India.
Detailed data by import destinations show that in 2024 the import price index of fuels decreased by 4.7 per cent, the import price index of diamonds decreased by 1.8 per cent, the import price index of raw materials (excl. diamonds and fuels) decreased by 1.5 per cent and the import price in
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.31 per cent (provisional) for the month of January 2025, government data showed Friday.