Tag Archives: Consumer Price Index

Retail inflation surged to 5.49% in September 2024 from 3.65% in August, according to data released by the government on Monday. The sharp rise was attributed to a significant increase in food prices, pushing inflation well above the Reserve Bank of India's (RBI) comfort zone.

India's consumer inflation has hit an 11-month low, registering at 4.83% in April compared to the previous year, as per data released by the Ministry of Statistics and Programme Implementation. However, despite this overall moderation, food prices have surged, reaching a four-month high.

India's retail inflation has hit a 10-month low, standing at 4.85% for the month of March 2024, compared to 5.09% in the previous month. This decline, below earlier predictions, marks a significant easing in inflationary pressures.

The latest government data reveals a notable decline in retail inflation, easing to a three-month low of 5.10% in January. This downturn is primarily attributed to reduced food prices, according to official statistics released on Monday.

Retail inflation in India surged to a 15-month high of 7.44% in July, driven by a sharp increase in food prices, particularly vegetables. The Consumer Price Index (CPI) recorded a significant jump from 4.87% in June and 6.71% in July 2022, prompting concerns about the impact on consumers' purchasing power and the broader economy.