Tag Archives: Retail Inflation

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.

According to recently released government data, retail inflation in India climbed to 5.08% in June, up from 4.8% in May 2024 and 4.87% in June 2023. The increase was primarily attributed to higher prices of essential kitchen items, highlighting ongoing economic challenges.

New Delhi: India's wholesale price-based inflation surged to a 14-month high in May, driven primarily by food items, according to government data released on Friday. The Ministry of Commerce & Industry reported a 2.61% increase in wholesale inflation for May, exceeding economists' expectations of a 2.5% rise. This figure marks a significant jump from April's year-on-year rise of 1.26%.

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.