[

india inflation

]

Five charts that explain the inflation situation in India

Retail inflation, as measured by the Consumer Price Index (CPI) grew at 4.5% on a year-on-year basis in October.
The Bloomberg Commodity Index – it is a weighted average of prices of energy, grains, industrial and precious metals, cotton and livestock – has increased significantly in the post-pandemic period.(Reuters | Representational image)
The Bloomberg Commodity Index – it is a weighted average of prices of energy, grains, industrial and precious metals, cotton and livestock – has increased significantly in the post-pandemic period.(Reuters | Representational image)
Updated on Nov 22, 2021 01:50 AM IST
Copy Link

Economy on durable path of recovery: RBI

The Indian economy, the article said, is clearly differentiating itself from the global situation, which is marred by supply disruptions, stubborn inflation and surges of infections in various parts of the world.
Notwithstanding the global headwinds, the article said mobility is rapidly improving, the job market is recouping, and overall economic activity is on the cusp of a strengthening revival.(HT File)
Notwithstanding the global headwinds, the article said mobility is rapidly improving, the job market is recouping, and overall economic activity is on the cusp of a strengthening revival.(HT File)
Published on Nov 16, 2021 04:40 AM IST
Copy Link
PTI | , Mumbai

Retail inflation sees marginal uptick, factory output falters

  • What surprised analysts, however, was the Index of Industrial Production (IIP) which grew at 3.1%, significantly lower than the Bloomberg forecast of 4.8%.
The rise in latest inflation numbers is a result of acceleration in both core and non-core components of the CPI basket. While core-inflation increased from 6% to 6.24%, non-core component went up from 2.42% to 2.63%.(HT File)
The rise in latest inflation numbers is a result of acceleration in both core and non-core components of the CPI basket. While core-inflation increased from 6% to 6.24%, non-core component went up from 2.42% to 2.63%.(HT File)
Published on Nov 13, 2021 07:27 AM IST
Copy Link
ByRoshan Kishore, Hindustan Times, New Delhi

Retail inflation rises to 4.48% in Oct as compared to 4.35% in Sept: Govt data

According to the data released by the National Statistical Office (NSO), inflation in food basket rose to 0.85 per cent in October, compared to 0.68 per cent in the preceding month.
The retail inflation during April-June period of 2022-23 is projected at 5.2 per cent.(Reuters)
The retail inflation during April-June period of 2022-23 is projected at 5.2 per cent.(Reuters)
Published on Nov 12, 2021 06:12 PM IST
Copy Link
PTI |

WPI inflation eases to 10.66% in September on lower food prices

Inflation in food articles eased for the fifth straight month, recording (-) 4.69 per cent in September from (-) 1.29 per cent in August, mainly due to easing vegetable prices.
It is to be noted here that retail inflation had also dropped sharply to 4.59 per cent in December, mainly due to declining food prices.(MINT_PRINT)
It is to be noted here that retail inflation had also dropped sharply to 4.59 per cent in December, mainly due to declining food prices.(MINT_PRINT)
Published on Oct 14, 2021 01:17 PM IST
Copy Link
PTI |

Inflation high, Centre scraps basic customs duty, cuts cess on edible oils

  • The duty cuts will immediately lower prices and potentially stave food inflation soaring to multi-year highs because of costlier imports.
The lowering of the cess will bring down the effective customs duty on palm, soyabean and sunflower oils 8.5%, 5.5% and 5.5% respectively(Bloomberg File)
The lowering of the cess will bring down the effective customs duty on palm, soyabean and sunflower oils 8.5%, 5.5% and 5.5% respectively(Bloomberg File)
Published on Oct 14, 2021 04:29 AM IST
Copy Link
ByHT Correspondent, Hindustan Times, New Delhi

A closer examination of India’s inflation story

  • A disaggregated analysis shows that the actual inflation picture is slightly more complicated than what the headline numbers suggest
Between May and September, inflation has come down by 195 basis points.(HT File)
Between May and September, inflation has come down by 195 basis points.(HT File)
Updated on Oct 14, 2021 05:37 AM IST
Copy Link
ByRoshan Kishore, Hindustan Times, New Delhi

Siddaramaiah, Shivakumar reach K'taka House in carts to protest fuel prices

Siddaramaih and Shivakumar were accompanied by several other legislators of the Congress during their 'tanga' ride to the Assembly on Friday.
Congress leaders Siddaramaiah, DK Shivakumar at the Assembly on Friday. (Image credit: Twitter@DKShivakumar)
Congress leaders Siddaramaiah, DK Shivakumar at the Assembly on Friday. (Image credit: Twitter@DKShivakumar)
Published on Sep 24, 2021 01:09 PM IST
Copy Link
Byhindustantimes.com | Written by Sohini Goswami, New Delhi

India's August WPI inflation quickens to 11.39%

Fuel and power prices rose 26.09% in August year-on-year compared with 26.02% in July, while manufactured product prices rose 11.39% compared with 11.20% in the previous month.
Wholesale prices of food rose at a slower pace of 3.43% in August on-year compared to 4.46% in the previous month.(AFP)
Wholesale prices of food rose at a slower pace of 3.43% in August on-year compared to 4.46% in the previous month.(AFP)
Published on Sep 14, 2021 12:21 PM IST
Copy Link
Reuters | , New Delhi

Go to Taliban-ruled Afghanistan, petrol is cheap there: BJP leader on inflation

BJP's Katni district unit chief in MP, Ramratan Payal, told a reporter there was no one to use cheap petrol in Afghanistan and the latter should get his refill from the war-torn nation.
A video grab of BJP leader Ramratan Payal speaking to reporters on petrol prices. (Credit: Twitter)
A video grab of BJP leader Ramratan Payal speaking to reporters on petrol prices. (Credit: Twitter)
Published on Aug 20, 2021 08:25 AM IST
Copy Link
Byhindustantimes.com | Written by Sohini Goswami, New Delhi

Madhya Pradesh minister blames ex-PM Nehru’s speech for inflation, economic woes

  • Sarang said that the BJP government launched schemes for welfare of poor people and increased their participation in the economy.
Sarang asked Congress workers to protest outside Congress president Sonia Gandhi's office, (Twitter/@VishvasSarang)
Sarang asked Congress workers to protest outside Congress president Sonia Gandhi's office, (Twitter/@VishvasSarang)
Published on Jul 31, 2021 08:06 PM IST
Copy Link
Written by Shankhyaneel Sarkar | Edited by Poulomi Ghosh, Hindustan Times, New Delhi

The contrasting tale of inflation in India and US

The wholesale price index (WPI) in India continued to grow in double digits for the third consecutive month in June.
The wholesale price index (WPI) in India continued to grow in double digits for the third consecutive month in June.
The wholesale price index (WPI) in India continued to grow in double digits for the third consecutive month in June.
Published on Jul 29, 2021 03:51 AM IST
Copy Link
ByRoshan Kishore, Vineet Sachdev, New Delhi

Inflation targeting and the Indian economy

The study has been authored by Sudipta Sen.
In March 2015, Reserve Bank of India officially adopted inflation targeting as the monetary policy framework for the Indian economy.(Mint File Photo)
In March 2015, Reserve Bank of India officially adopted inflation targeting as the monetary policy framework for the Indian economy.(Mint File Photo)
Published on Jul 21, 2021 12:48 PM IST
Copy Link
ByOP Jindal Global University

India's retail inflation slightly up at 6.26% in June

  • The RBI has been mandated by the government to keep retail inflation at 4 per cent with a margin of 2 per cent on the either side.
Image courtesy: MINT
Image courtesy: MINT
Updated on Jul 12, 2021 06:48 PM IST
Copy Link
Byhindustantimes.com, Hindustan Times, New Delhi

Number theory: How to read today’s inflation numbers

  • Episodes of inflationary spike in India have often been driven by a sharp jump in non-core inflation.
A Reuters forecast of economists expects CPI to grow at 6.58% on a year-on-year basis in the month of June. (Mint Photo)
A Reuters forecast of economists expects CPI to grow at 6.58% on a year-on-year basis in the month of June. (Mint Photo)
Published on Jul 12, 2021 05:12 AM IST
Copy Link
ByRoshan Kishore, Hindustan Times, New Delhi

For 2024: BJP’s 3-fold economic challenge

Social and regional considerations aside, here are three things that will shape the economic narrative when the BJP seeks a third consecutive mandate in 2024.
Prime Minister Narendra Modi leaves after a function at the Bharatiya Janata Party headquarters following a state election in New Delhi, India.(AP)
Prime Minister Narendra Modi leaves after a function at the Bharatiya Janata Party headquarters following a state election in New Delhi, India.(AP)
Updated on Jul 10, 2021 04:42 AM IST
Copy Link
ByRoshan Kishore, New Delhi

Ministry of Finance: Inflation rate falls, the economy shows signs of recovery

It further added that a healthy monsoon coverage, gradually rising Kharif sowing and unlocking of states are expected to ease inflation.
RBI continues with its efforts to calm the nerves of the market and revive sectors with both backward and forward linkages and multiplier effects on growth(REUTERS)
RBI continues with its efforts to calm the nerves of the market and revive sectors with both backward and forward linkages and multiplier effects on growth(REUTERS)
Published on Jul 09, 2021 06:35 PM IST
Copy Link
ANI | | Posted by Shanza Khan, New Delhi

Inflation may obstruct RBI’s focus on growth

  • The Reserve Bank panel may opt for a wait-and-watch policy at next meet.
Inflation measured by the Consumer Price Index (CPI) came in at 6.3% in May, above the RBI’s target band of 2-6%.(Shankar Narayan/HT file photo)
Inflation measured by the Consumer Price Index (CPI) came in at 6.3% in May, above the RBI’s target band of 2-6%.(Shankar Narayan/HT file photo)
Published on Jun 16, 2021 03:43 AM IST
Copy Link
Livemint | ByShayan Ghosh, Kalpana Pathak, Mumbai

Centre sticks with inflation goal for 5 yrs

The Reserve Bank of India (RBI) governor Shaktikanta Das had defended the existing inflation target, contending that any further loosening would undermine the central bank’s ability to set effective monetary policy.
The six-member monetary policy committee, headed by the RBI governor, decides on the monetary policy based on the inflation target.(Mint)
The six-member monetary policy committee, headed by the RBI governor, decides on the monetary policy based on the inflation target.(Mint)
Published on Apr 01, 2021 07:17 AM IST
Copy Link
Livemint | ByAsit Ranjan Mishra, New Delhi

The state of play on inflation and its wider implications

The recent fall in headline inflation; it fell from 7.61% in October 2020 to 4.06% in January 2021, before rising to 5.03% in February, was largely a reflection of a moderation in food inflation, which fell sharply from 11% in October 2020 to just 1.96% in January 2021.
39% of India’s CPI basket comprises of food items.(BLOOMBERG NEWS)
39% of India’s CPI basket comprises of food items.(BLOOMBERG NEWS)
Updated on Mar 15, 2021 06:41 AM IST
Copy Link
ByRoshan Kishore, Hindustan Times, New Delhi

Factory production contracts in January inflation hits 3-month high

Retail inflation, as measured by Consumer Price Index (CPI) reversed its four-month-long decelerating spell to grow at 5.03% in February.
That India’s industrial growth started losing momentum even before these restrictions and inflation has started rising again, even though food inflation is still at low levels—it was 3.9% in February—points towards growing headwinds for the economy.(AFP)
That India’s industrial growth started losing momentum even before these restrictions and inflation has started rising again, even though food inflation is still at low levels—it was 3.9% in February—points towards growing headwinds for the economy.(AFP)
Updated on Mar 13, 2021 03:14 AM IST
Copy Link
ByRoshan Kishore, Hindustan Times, New Delhi

Costly food, higher fuel prices take retail inflation to 3-month high of 5.03%

  • Food prices rebounded 3.87% in February against a 1.96% climb in January. High food costs affect poorer households more than affluent ones. The poor tend to spend a higher proportion of their monthly budgets on food.
Households paid higher prices in key categories, such as food, fuel, healthcare, transport and communication, Friday’s data showed. (MINT PHOTO).
Households paid higher prices in key categories, such as food, fuel, healthcare, transport and communication, Friday’s data showed. (MINT PHOTO).
Updated on Mar 12, 2021 08:30 PM IST
Copy Link
ByZia Haq | Edited by Sohini Sarkar

India's inflation target band appropriate for next 5 years: RBI report

"Trend inflation to which actual inflation converges after a shock provides an appropriate benchmark for the inflation target; trend inflation has fallen from above 9% before FIT to a range of 3.8%-4.3% during FIT," the RBI said in its release.
India adopted the flexible inflation targeting framework in 2016 and the government is due to review the same in the near future.(MINT_PRINT)
India adopted the flexible inflation targeting framework in 2016 and the government is due to review the same in the near future.(MINT_PRINT)
Published on Feb 26, 2021 02:25 PM IST
Copy Link
Reuters | | Posted by Prashasti Singh

FMCG cos look to hike prices to offset inflationary pressure on raw material

Marico, which own brands as Saffola and Parachute, has faced inflationary pressure and had to go for an effective price hike.
Dabur India CFO Lalit Malik said the recent months have seen inflation inching up for some key raw materials like amla and gold.(Priyanka Parashar/ Mint File Photo)
Dabur India CFO Lalit Malik said the recent months have seen inflation inching up for some key raw materials like amla and gold.(Priyanka Parashar/ Mint File Photo)
Published on Jan 10, 2021 05:27 PM IST
Copy Link
PTI | , New Delhi

CPI for October likely above 7% again, industrial output falls: Poll

A Reuters poll of 50 economists conducted from November 4-9 predicted consumer prices rose 7.30% last month from a year earlier, a touch lower than September’s 7.34% rate.
The poll also predicted industrial output in September dropped 2.0% from a year earlier, the seventh consecutive month of falls and its longest streak of decline since June 2009, as infrastructure output, which accounts for about 40% of total industrial production, contracted 0.8%.(Bloomberg Photo)
The poll also predicted industrial output in September dropped 2.0% from a year earlier, the seventh consecutive month of falls and its longest streak of decline since June 2009, as infrastructure output, which accounts for about 40% of total industrial production, contracted 0.8%.(Bloomberg Photo)
Published on Nov 10, 2020 01:17 PM IST
Copy Link
Bengaluru | ByReuters | Posted by Nilavro Ghosh
SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, December 02, 2021