Consumer Price News

Videos

Soaring Tomato Prices Have RBI Analysts Worried; Can Spoil RBI’s Anti-Inflation Efforts

When RBI analysts start to write articles worrying about something you know things might be getting out of hand. Off late, if there’s one thing that seems to be slipping out of everybody’s hands, it's tomatoes. Soaring tomato prices across the country have caught the attention of RBI analysts, who think, the spike in tomato prices is a serious concern. If unchecked, the last-mile battle to keep inflation under control can prove to be difficult.

18 Jul 2023
Videos

Retail Inflation Surges To 4.81%; Spike In Vegetable Prices To Be Blamed? | Details

Things got costlier in June. Data released by the Ministry of Statistics put retail inflation at 4.81%. This is a spike of .49% from 4.25% in May which was a 25-month low. Despite the spike, retail inflation is within RBI’s tolerance range. For the last 4 months, RBI has successfully kept inflation between its preferred 2-6% range.

12 Jul 2023
Videos

Is it too early to claim victory in inflation fight

Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

2 Apr 2023
News

Centre extends import duty relief on lentil by six months

The latest move comes after official data showed that consumer price index based inflation was at 7.01% in June

1 min read24 Jul 2022
News

How tariffs reshape global supply chains

The effect of tariffs, such as those imposed by the US on China, depends on the elasticity of demand for the final products, a study finds

1 min read17 Sep 2020
Markets

Sensex hits one-month low as IT, auto, banking stocks drag

At closing, BSE Sensex was down 0.61% or 247.55 points at 40,40239.88 points, while the Nifty 50 index was down 0.68% or 80.70 points at 11,856.80 pointsIT stocks weakened for the second straight session today, as the rupee strengthened

3 min read10 Dec 2019
Markets

Does the rupee's decline open the door for imported inflation?

The domestic currency has depreciated around 2.72% so far this year and nearly 3.65% in AugustImported inflation calculated using the wholesale price index components was in negative territory in July

3 min read8 Sep 2019
Politics

Govt set to release inflation indices for farm, rural labour

CPI for agricultural workers and rural workers were framed taking 1986-87 as the base yearNew indices will help in deciding respectable wage rates at state level for rural, agricultural workers

2 min read19 Aug 2019
News

Muted oil price halts surge in retail inflation

Crude oil price has been benign in recent pastWith the slowdown in growth rate affecting profits and jobs, businesses are expecting fiscal measures from the government to stage a turnaround

1 min read13 Aug 2019
News

China consumer price index at lowest level in a year

The consumer price index rose just 1.5 % in February year-on-year, compared with 1.7 % in JanuaryIt has now declined for four consecutive months and is at its lowest point since January 2018

1 min read9 Mar 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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