Inflation Rate

The RBI targets inflation in the 2%-6% band and has forecast it to average at 5.7% in the fiscal year to March 2023. That is below economists’ forecasts for an average reading of 6.2% in a Bloomberg survey. India’s consumer price inflation…

<!-- -->As RBI Revises Inflation Forecasts, Uday Kotak Expresses ConcernIn its first monetary policy announcement for 2022-23, the Reserve Bank of India (RBI) has raised its inflation forecast to 5.7 percent against the previous…

“Output prices rose in March as goods producers sought to share a part of the additional input cost burden with customers, taking the charge inflation to a five-month high,” S&P Global said. “Output prices rose in March as goods…

The retail inflation rate of India, which is measured by the Consumer Price Index (CPI), jumped to a multi-month high of 6.07 per cent in February, data released by the National Statistical Organisation said on Monday.The latest inflation…

The annual rate of Wholesale Price Index (WPI) based inflation stood at 4.83 per cent in February 2021. India's annual wholesale price-based inflation surged to 13.11 per cent in February from 12.96 per cent recorded in the previous month…

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India’s retail inflation cooled to 5.3% in August from 5.6% in July, thanks to food price inflation falling to 3.11% from nearly 4% in July and the effect of a high base last August.This marks the second month of marginal moderation in the…

<!-- -->RBI Governor Shaktikanta Das is confident of 9.5 per cent economic growth in 2021-22Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that the central bank is positive about 9.5 per cent GDP growth estimate…

U.S. consumer prices increases slowed in July even as they remained at a 13-year high on an annual basis, but there were tentative signs inflation has peaked as supply-chain disruptions work their way through the economy. The…