"Poorest segment in urban areas faced highest inflation rate in July," said the note, released days after official data said that the headline inflation accelerated to 7.44 per cent for July
.jpg "File photo of the Reserve Bank of India office")
"Headwinds from weak global demand, volatility in global financial markets, geopolitical tensions and geoeconomic fragmentation, however, pose risks to the outlook," Das said
Thursday's estimate from the Commerce Department indicated that the gross domestic product — the economy's total output of goods and services — picked up from the 2 per cent growth rate in the January-March quarter
The Office for National Statistics said the annual rate of inflation, as measured by the consumer price index, was 6.8 per cent in July, its lowest level since February 2022, the month Russia invaded Ukraine and sent energy...
“With inflation still four times the 2 per cent target, the Bank of England has little choice but to raise the bank rate again and leave the door open to further hikes in upcoming meetings,” said Kallum Pickering, senior...
"Point-to-point rate of inflation based on CPI-AL (consumer price index agricultural labour) and CPI-RL (rural labour) stood at 6.31 per cent and 6.16 per cent in June 2023 compared to 5.99 per cent and 5.84 per cent...
Inflation in food articles skyrocketed 14.25 per cent in July against 1.32 per cent in June
The Office for National Statistics said that inflation, as measured by the consumer prices index, fell to 7.9 per cent in the year to June from 8.7 per cent the previous month. Most economists had expected a more modest...
CMIE data suggests that food group's inflation fell from 3.84 per cent in April to 2.91 per cent in May
Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) increased from 56.4 in March to 57.2 in April, indicating the fastest...
In January, retail inflation breached the Reserve Bank's upper tolerance level of 6 per cent after two months of deceleration
The survey, authored by India’s chief economic advisor V Anantha Nageswaran, says that 2023 would have less macroeconomic volatility compared to the...
According to the data, inflation in the food basket was 7.62 per cent in August, up from 6.69 per cent in July and 3.11 per cent in August 2021
The all-India CPI-IW (consumer price index for industrial workers) for June 2022 increased by 0.2 points and stood at 129.2 points. CPI-IW was 129 points in...
As banks hiked deposit rates following a hike in interest rate and repo rate by the RBI, and inflation continues to soar, you must be wondering whether your...
Forty per cent of U.S. adults specifically name inflation in an open-ended question as one of up to five priorities for the government to work on in the next...
The domestic FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three...
The Office for National Statistics said Wednesday that consumer price inflation rose slightly from 9% in April, itself the highest level since 1982
It's the fifth consecutive month in which inflation has been above the 6 per cent upper band of the Reserve Bank of India's (RBI) tolerance band
Consumer prices surged 8.6% last month from 12 months earlier, faster than April's year-over-year surge of 8.3%, the Labor Department said Friday
The consumer spending future expectations index is positive and has moved up by 2.6 points, but the consumer survey index is still below 100, which is in the...
In its latest move to control the rising inflation, the Indian government has also slashed jet fuel prices by 1.3 per cent for the first time this year.
The All-India CPI-IW (consumer price index-industrial workers) for March 2022, increased by 1.0 point to 126 points. It was 125 points in February 2022.
UK inflation accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said
