Consumer Price Index Archives

January 28, 2025 2:49 PM

RBI may begin rate easing cycle with 25 bps cut, add durable liquidity: Morgan Stanley

The Reserve Bank of India (RBI) is expected to begin its rate easing cycle with a 25-basis point cut in interest rates at the Monetary Policy Committee (MPC) meeting scheduled for February 7, Morgan Stanley said on Tuesday, adding that the central ba...

October 14, 2024 8:27 PM

Retail inflation rises to 5.49% in September, driven by food prices

India’s Consumer Price Index (CPI)-based inflation rose to 5.49% in September, up from 3.65% in August, reflecting a sharp increase driven primarily by rising food prices. Rural inflation stood at 5.87%, while urban inflation was recorded at 5.05%,...

October 9, 2024 2:57 PM

RBI projects 7.2% GDP growth for FY25, CPI inflation expected to moderate to 4.5%

The Reserve Bank of India (RBI) has projected a real GDP growth of 7.2% for the fiscal year 2024-25, along with an expected moderation in Consumer Price Index (CPI) inflation to 4.5%, following the Monetary Policy Committee (MPC) meeting held on Wedn...

September 26, 2024 8:33 PM

Centre increases minimum wage rates for workers

The central government has announced a revision in minimum wage rates by adjusting the Variable Dearness Allowance (VDA). This increase is aimed at helping workers, particularly in the unorganised sector, manage the rising cost of living, according t...

June 13, 2024 11:23 AM

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress

The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as policymakers sketched out their view of an economy that remains virtually unchanged across its major dimensions for ye...

May 13, 2024 8:46 PM

Retail Inflation Eases to 4.83% in April, 2024

In April, there was a marginal decline in the retail inflation rate, settling at 4.83% based on the Consumer Price Index (CPI). This marks a slight decrease from March's 4.85% and an increase from April 2023's 4.3%. According to data released by the...

May 13, 2024 8:47 PM

Retail Inflation Eases to 4.83% in April, 2024

February 8, 2024 11:19 AM

RBI to announce bi-monthly monetary policy today

Reserve Bank of India will announce its bi-monthly policy today amid expectations of a continued pause on the key interest rate. RBI Governor Shaktikanta Das will announce at 10 AM the decisions taken during the 3-day meeting of the Monetary Policy C...