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Latest from consumer price index

US inflation likely remained sticky-high last month, threatening rate cuts

US inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars.

US Labour Department is expected to report that in December the consumer price index rose 2.8% from a year ago, according to economists surveyed by FactSet(AFP)
Updated on Jan 15, 2025 02:30 PM IST
AP |

Retail inflation eases to four-month low of 5.22%

Food prices eased on the back of a slower pace of inflation in vegetable prices, which stood at 26.56% in December last year.

A woman shops for vegetables at a market in Prayagraj. (AP Photo)
Updated on Jan 13, 2025 05:10 PM IST
ByZia Haq 

Experts to advise if free food comes under CPI

The ministry of statistics and programme implementation has put out a discussion paper, seeking views from experts on how to “treat” free ration under the public distribution system or PDS, which comprises a network of 500,000 far-price shops.

The ministry of statistics and programme implementation has put out a discussion paper, seeking views from experts on how to “treat” free ration under the public distribution system or PDS, which comprises a network of 500,000 far-price shops. (Bloomberg)
Published on Dec 31, 2024 11:00 PM IST

Retail inflation slows slightly at 5.48%

Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the RBI’s 4% tolerance level.

Prices of food, which have been the main source of high inflation for consecutive quarters, continued to be elevated at 9.04%. (Representative file photo)
Updated on Dec 12, 2024 04:42 PM IST

New RBI guv must keep macro picture in sight

The change of guard in Mint Street comes at a point when the central bank has steadfastly held interest rates till inflation aligns itself with the 4% target.

Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi, India December 4, 2024. India's Press Information Bureau/Handout via REUTERS (via REUTERS)
Updated on Dec 11, 2024 06:36 AM IST
ByHT Editorial
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