CPI News
Mint Quick Edit | Inflation is down: Will interest rates follow?
Retail inflation was 5.2% in December, down from 5.5% the month earlier. The hope is that it cools off further and India’s upcoming budget doesn’t stoke price pressures.
1 min read14 Jan 2025India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices
Food prices have remained elevated for over a year, staying above 7% from November 2023 to June 2024, primarily due to last year’s uneven and below-normal monsoon rains.
4 min read13 Jan 2025India’s inflation likely eased to 5.3% in December: Mint poll
Economists expect inflation to continue easing in the coming months, increasing the likelihood of a rate cut in the policy repo rate as soon as February.
1 min read10 Jan 2025Welfare schemes have reshaped the retail prices that matter to people
Free foodgrains for 800 million Indians mean no expense for most on wheat and rice, which make up 7.5% of India’s Consumer Price Index. For better policymaking, we must update our inflation metrics to reflect actual patterns of consumption.
4 min read6 Jan 2025The inflation targeting regime shouldn’t constrain Indian manufacturing
Is credit too expensive in India? The Reserve Bank’s rate-setting panel goes by retail prices to keep inflation in check, but policymakers must analyse the price dynamics of the entire basket of items that make up national income.
4 min read24 Dec 2024India’s Inflation Story: Here are five key things you should know
India awaits the November CPI inflation data, set to be released on December 12. Here are five things you should know about the country’s inflation story.
4 min read11 Dec 2024Govt may include e-commerce data, expand coverage to improve calculation of retail inflation
The planned overhaul aims to more accurately capture consumer behaviour and provide detailed insights into inflation trends, responding to significant changes since the base year of 2011-12.
5 min read21 Nov 2024Rising food prices push India’s wholesale inflation to four-month high in Oct
Food price inflation, a major contributor to the wholesale price index, rose by 11.59% annually in October, compared to a 9.47% gain in September.
1 min read14 Nov 2024Mint Quick Edit | Inflation above 6%: There goes a December rate cut
CPI data shows a 6.2% rise in October, above RBI’s upper limit. The odds of a rate cut next month now look bleak. Only if GDP expansion slows sharply would the central bank switch its priority.
1 min read13 Nov 2024Can October CPI inflation numbers alter RBI’s monetary policy path?
Experts anticipate October CPI inflation to reach between 5.83% and 6.2%, driven by rising vegetable and edible oil prices. This could delay RBI rate cuts as inflation approaches the upper tolerance band of 6%, with concerns over external factors influencing monetary policy.
5 min read12 Nov 2024Popular Topics
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