Wholesale inflation hits 4-month high at 2.36% in October
Food inflation drives surge as it has alone pushed the headline WPI print up by as much as 63 bps between September and October 2024
Food inflation drives surge as it has alone pushed the headline WPI print up by as much as 63 bps between September and October 2024
Union Commerce Minister advocates for a repo rate cut, questioning the inclusion of food inflation in interest rate decisions, citing it as a demand-supply issue
Consumer Food Price Index surges to 9.4%.
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
The strong evidence of emerging economy central bank rate actions is predicated by advanced economy actions, but India is an exception, says SBI
Think tank’s projections align with FinMin’s estimates, which recently said the outlook for a reasonably “low headline inflation rate is good”
India's GDP grew 8.4% in Q3 FY24, much higher than RBI's forecast of 6.5% for Q3 FY24
WPI inflation surges for 2nd month straight on increase in food articles, machinery & equipment, computers, electronics & optical products prices
Rural inflation rose to 6.09% in November as against 5.12% in October
The report pointed out that the food inflation could throw a challenge to the monetary policy action.