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Showing posts with the label cpi inflation

India's CPI Inflation rose to 6.52 Percent - January 2023

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 India's CPI Inflation rose to 6.52 Percent - January 2023   Post September 2022, India's Retail Inflation (Consumer Price Index - CPI) which had been decreasing for three months in a row, increased to 6.52 Percent in the month of January this year. However the said inflation rate is less than the level seen in April 2022 where it was 7.79 Percent. It is noteworthy that the current said inflation rate is above the Central Bank's Target of 2 to 6 Percent. In the previous year, January 2022 the retail inflation stood at 6.01 Percent. The current said inflation rate of 6.52 Percent in the month of January 2023 rose due to Food inflation. The Food inflation was increased to 5.94 Percent. Like the housing inflation prices were also increased by 4.62 Percent and Tobacco products by 3.07 Percent. Meanwhile, the prices of Light and Fuel, Clothing and Footwear were broadly unchanged and slightly came down.   The January 2023 inflation rate was slightly higher than the Market expecta

India's Retail Inflation and Unemployment Rate - CMIE Data - August 2022

  India's Retail Inflation and Unemployment Rate - CMIE Data - August 2022 In the month of this year, the country's CPI(Consumer Price Index) - Retail inflation is said to be 7 Percent. While the Retail inflation rate has been decreasing continuously from Last April 2022 which was 7.79 Percent. However, the inflation rate in August has again increased as compared to July 2022.  The said above inflation was slightly higher than the Market expectations. The Food inflation rate rose to 7.62 Percent in the month of August from 6.75 Percent in July 2022. Meat and Fish products were increased by 206 Percent, Oil & Fat by 192 Percent and Spices by 194 Percent. The rise in prices of Vegetables and Fruits also contributed to the rise in inflation in the month of August. However, Fuel prices have moderated slightly. The inflation rate of Fuel and Light has declined to 10.78 Percent in August from 11.8 Percent in July. Based on CPI - Retail Inflation in India, Food alone contributes a

India's rising retail inflation - Consumer Price Index in March 2021

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 India's rising retail inflation - Consumer Price Index in March 2021 Inflation in India, since 2012(Base rate of 100) is estimated in terms of Retail Inflation. Significantly, the WPI(Wholesale price index) was previously calculated. At the end of March 2021, the Retail Inflation stood at 156.8 Points where the country's CPI Retail inflation rate rose to 5.52 Percent. It is noteworthy that the CPI Inflation in the month of January 2021 was 4.06 Percent. The current said inflation rate has been higher than the market expected. Inflation rose in March due to high prices in Food products, especially in Pulses. Food Inflation stood at 4.94 Percent at the end of March, up from 3.87 Percent in the month of February. The prices of Pulses has increased by 13 Percent. At the same time, the Vegetable prices declined slightly to 4.83 Percent.    Fuel and Light prices rose from 3.53 Percent to 4.50 Percent. Clothing and Footwear were increased to 4.41 Percent in March, earlier it was 4.21

India's CPI Retail inflation to 4.59 Percent in December 2020

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 India's CPI Retail inflation to 4.59 Percent in December 2020 The Retail inflation is also known as the Consumer Price Index, ended lower than the market expectation in December Last year 2020. It is noteworthy that the RBI has a short term target of 2 to 6 Percent on Retail Inflation. The CPI Retail inflation has been out of control for the past several months, far beyond the Central bank's target. With Bank interest rates falling, the CPI inflation rate had caused some apprehension. But it ended unexpectedly in December 2020 at 4.59 Percent. Earlier it was 6.93 Percent in the month of November 2020. The above December inflation is said to be the lowest rate seen in the last 15 months. This is due to the low prices on Food items. The Food inflation which was 9.50 Percent earlier is now 3.41 Percent in December. Inflation in Pan, Tobacco and intoxicants were only slightly higher at 10.74 Percent. It was 3.21 Percent from 3.19 Percent for the Housing segment on Retail Inflation

India's CPI Retail Inflation - 5.91 Percent in March 2020

India's CPI Retail Inflation - 5.91 Percent in March 2020 The Consumer Price Index - Retail Inflation stood at 5.91 Percent in month of March 2020. It is noteworthy that this rate of inflation is said to be Four months low. Increased Retail Inflation since the beginning of 2019, coupled with declining Demand Consumption has also led to a low in this rate. The said above Inflation rate is also considered to below Market Expectation. The Prices of Food, Vegetables and Fruits for the month of March 2020 are lower than the previous month - February 2020. Food Inflation fell to 7.82 Percent in the month of March 2020, earlier it was 9.50 Percent in the month of February. Vegetables prices are come down to 18.63 Percent from the earlier 31.60 Percent. The Fruits are priced below 4 Percent in the last month. The Inflation rate on Pulses and its products is about 16 Percent. At the same time, the prices of Cereals and Milk Products rose slightly in March 2020. There was a little or no chan

CPI Retail Inflation rises to 3.99 Percent - September 2019

CPI Retail Inflation rises to 3.99 Percent - September 2019 India's Retail Inflation (Consumer Price Index) rises to 3.99 Percent in the month of September 2019. It was seen as the highest Percent in the last 14 Months. In the month of July 2019, the CPI Inflation for India stood at 3.28 Percent. The Current said Retail Inflation is slightly higher than the Forecast of 3.7 Percent for the September 2019. The CPI Inflation of 3.99 Percent had increased in the last month due to rising Food Prices. Food Prices rose 5.11 Percent in the last month which was seen as the highest in the last three years. Vegetables prices rose by 15.40 Percent, Meat and Egg by 10.29 Percent and Pulses & Products by 8.40 Percent. Where the Sugar and Confectionery items fell by 0.35 Percent. Housing Inflation increased by 4.75 Percent, Clothing and Footwear by 0.96 Percent. But the Fuel and Light Prices fell by 2.18 Percent. Rural Inflation is said to 3.24 Percent and Urban Retail Inflation at 4.78 Perce