Tag: India inflation

India persistent core inflation may exert pressure upward pressure on CPI – report

MUMBAI, Dec 29 – India’s consumer price index (CPI) inflation has moderated, but the persistence and broadening of core inflation may continue to exert upward pressure on the headline number going forward, the Financial Stability Report released on Thursday said. The Financial Stability Report includes contributions from all […]

India inflation likely to exceed top of RBI band until December, governor says

MUMBAI, June 24 – India’s central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday. […]

India consumer price inflation hits eight-year high on food, energy costs

Summary Consumer prices up 7.79% on year in April vs March’s 6.95% Food inflation up 8.38% on year in April vs 7.68% in March Core inflation seen up over 50 bps in a month, say economists Economists expect central bank to hike rates in June NEW DELHI, May […]

India inflation path shifting down more favourably than hoped-RBI bulletin

MUMBAI, Sept 16 – The softening of prices of various food items is likely to extend into the third quarter and contain the upside price pressures on headline inflation stemming from fuel and core prices, the central bank said in its bulletin on Thursday. “The trajectory of inflation […]

India inflation likely to have hit six-month low in May: Reuters poll

BENGALURU – India consumer price inflation is likely to have moderated to a six-month low in May on a softer rise in food prices as supply disruptions eased after businesses reopened from the coronavirus lockdown in many parts of the country, a Reuters poll found. The June 4-9 […]

India inflation likely crept up to six-month high in April: Reuters poll

BENGALURU – India inflation likely crept up slightly to a six-month high in April, driven mainly by food prices, a Reuters poll found, although holding below the Reserve Bank of India’s medium-term target of 4 percent for the ninth straight month. If true, that would support expectations for […]

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