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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

Retail Inflation rose to 5.03 Percent in the month of February 2021

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  Retail Inflation rose to 5.03 Percent in the month of February 2021 India's Retail Inflation(Consumer Price Index) was 4.06 Percent in the month of January 2021. According to the recent data, the retail inflation have risen to 5.03 Percent in the last month - February 2021. This is significantly higher than the Market Expectation of 4.83 Percent. The CPI Inflation rose in the last month, due to rising Food Prices. Food Inflation which were stood at 1.89 Percent in the month of May 2019, is now 3.89 Percent in February 2021. Similarly, the Pulses has risen to 12.54 Percent, where the Vegetable prices declined slightly to 6.24 Percent in the said above period. Clothing and Footwear were increased to 4.21 Percent from 3.82 percent. Tobacco and Housing prices were also increased. The prices of Fuel and Light fell to 3.53 Percent from 3.87 Percent. For the past one year, the CPI - retail prices has largely been above 6 Percent.    The RBI - Central bank has set a short term target of

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 Retail Inflation to 6.93 Percent - CPI November 2020

 India's Retail Inflation to 6.93 Percent - CPI November 2020   India's inflation rate has been rising in the current Financial year 2020-21. The CPI(Consumer price index) Retail inflation, which stood at 5..84 Percent in the month of March 2020 and then peaked at 7.6 Percent in October 2020. The said 7.61 Percent rate was said to be the highest in Six years. According to the RBI's Inflation policy, the retail price inflation target has been set between 2-6 Percent in the short term. However, the Inflation for November 2020 stood at 6.93 Percent. For the eight consecutive months, the country's retail inflation rate has been rising above the Central bank's Target. The said CPI inflation is high due to significant increases in the price of Food, Housing, Tobacco, Footwear and Clothing. Food and beverages were accounted for 46 Percent of the Total under Consumer Price Index list. Dairy products at 6.61 Percent, Cereals and products contributed with 9.67 Percent and Veg

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

India's CPI Inflation to 7.35 Percent - Shook the Chill

India's CPI Inflation to 7.35 Percent in December 2019 - Shook the Chill India's Consumer Price Index - the Retail Inflation is on the contrary with the Country's GDP growth, the so-called Economic growth of the Country. Inflation for the month of December 2019 was 7.35 Percent, as compared to 1.97 Percent in January 2019. The Inflation for December 2019 was said earlier, around 6 Percent by the Market Projection. Due to the price hike in Food Products, the said inflation of 7.35 Percent was happened. What is even more shocking, that the Retail Inflation has breached the RBI's Target of around 6 Percent, earlier it was about 4 Percent. Consumer Price Index Inflation has been said to be driven by the recent rise in Food Prices. Vegetables were also increased by 60 Percent. Pulses rose by 15 Percent. Food and Beverages were also increased by 12 Percent in the month of December 2019. The Prices of Cereals, Dairy Products, Clothing and Shoes, Housing and Fuel & Light we

India's Retail Inflation rose to 4.62 Percent - October 2019

India's Retail Inflation rose to 4.62 Percent - October 2019 The CPI (Consumer Price Index) - Retail Inflation for the month of October 2019 has risen unexpectedly to 4.62 Percent. It was 3.99 Percent in the month of September 2019 and 3.38 Percent earlier which was seen in the month of October 2018. For the First time Since July 2018, the retail inflation has exceeded the RBI's Medium Term target of 4 Percent. The said inflation of 4.62 Percent has been increased due to rising of Food Prices. Food Prices have increased to nearly 8 Percent in the month of October 2019. Vegetables prices rose by 26 Percent, Onion and Tomato prices are also risen due to unseasonable rains, Pulses rose by 11.72 Percent and Eggs by 6 Percent. Meat and Fish were also rose by 9.75 Percent, Fruits by 4 Percent and Spices by 3.86 Percent and Milk Products by 3 Percent in the month of October. The Cost of Clothing and Footwear were also increased slightly. But the Fuel and Light Prices were fell down by

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

CPI Retail Inflation rises to 5.21 % - December 2017

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CPI Retail Inflation rises to 5.21 % - December 2017   The Central Statistical Office(CSO) recently reported the Consumer price index (CPI) retail inflation for India, its rises to 5.21 % in the month of December 2017.    India's retail inflation for december 2017 is at 5.21 percent, and for the November at 4.88 percent, the october had its 3.58 %.   The current inflation of December as it had the 17 month high, since in the mid of august, 2016.   Food and beverages stood at 4.85 %, Clothing and footwear at 4.8 percent, and the housing, energy with 8.25 percent and 7.90 % respectively.   Earlier, the Reserve Bank of India's (RBI) expected inflation for the second half of the financial year 2018, is between 4.3 to 4.7 percent. But it had crossed the expectation mark.   So, may the RBI changes the rates in the upcoming policy meeting. The next meeting for the policy will held on February 7, 2017.   As the RBI's expectation is not well, but the SBI said, i