The rise of inflation, particularly food prices, is the government’s immediate focus, which it is addressing by tightening ...
BENGALURU, Jan 10 (Reuters) - Consumer price inflation in India likely fell to 5. ... which make up nearly half of the country's consumer price index (CPI) basket, have kept inflation elevated ...
It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...
Rural India is scoring much better on the core inflation basket, while urban India scores on the fuel basket. FOOD BASKET: HOW RURAL AND URBAN INDIA STACKED UP? Food basket with a weightage of 47. ...
Food basket inflation also decreased, reaching 8.39% in December. The Reserve Bank of India raised its inflation forecast for the fiscal year to 4.8%.
And because India’s inflation-targeting ... a truly representative expense basket will have to assign these items some weight, potentially resulting in higher CPI inflation readings.
which will be in line with the Reserve Bank of India’s (RBI) latest projection for this period. The official data is scheduled to be released on 13 January. “We expect the CPI inflation to ...
The document noted that retail headline inflation eased from 5.4 per cent in the 2023-24 fiscal year (FY24) to 4.9 per cent ...
BENGALURU (Reuters) - Consumer price inflation in India likely fell to 5.3% in December on ... Food prices, which make up nearly half of the country's consumer price index (CPI) basket, have kept ...