Retail inflation surges to 10 36 percent in April
India’s retail inflation at all time high of 7.79% in April
The retail inflation number in April remained high due to the low base effect, worsened by price jumps across all major commodity groups. The Consumer Price Index (CPI)-based inflation, which the RBI takes as a reference point while deciding on the monetary policy, in April 2022 soared to an eight-year high of 7.79 per cent. It is as compared with 4.23 per cent in April 2021 and 6.97 per cent in March 2022. Core inflation, which excludes changes in food and oil prices, in April also touched a 95-month high at 6.97 per cent. It has remained over 5 per cent for 24 consecutive months. Inflation in the food basket rose to 8.38 per cent in April, from 7.68 per cent in the preceding month and 1.96 per cent in the year-ago month. High price levels of fuel and food items, especially of vegetables, spices and oils/fats, along with household services, contributed to the sharp rise in inflation, a level which is seen as being partly responsible for preempting the unscheduled repo rate hike of 40 basis points by the RBI last week. Among states, the highest inflation rate was recorded by West Bengal, followed by Madhya Pradesh and Telangana. Core inflation — the non-food, non-fuel component of inflation — in April also touched a 95-month high of 6.97 per cent, remaining more than 5 per cent for 24 consecutive months.
Experts say, the base effect may moderate inflation levels in May but it is still expected to remain above 6.5 per cent, raising expectations of a back-to-back rate hike in the June monetary policy meeting of the RBI. Inflation is being seen as posing the “biggest threat” to the economy and the RBI is looking at reversing all measures — liquidity infused and policy rate cuts — taken during the pandemic over the next 1-2 years along with measures to kill demand. India Ratings has been pointing out for a while that inflation in health services is turning structural, as it has remained in excess of 6% for the last 16 months. Education inflation, although low,By VARINDIA| 18 views
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Ram Iyer, EVP Retail, Vodafone India at CII TN Retail Conference
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Ram Iyer, EVP-Retail, Vodafone India Ltd speaking at the TN Retail Conference organised by Confederation of Indian Industry. He clearly explains the Vodafone India's retail strategy in reaching across India urban and rural IndiaWatch Ram Iyer, EVP Retail, Vodafone India at CII TN Retail Conference With HD QualityBy CII| 621 views
Huma Qureshi Launched Retail Mega Store 'DP Retail" In Andheri
#HumaQureshi Launched Retail Mega Store 'DP Retail" In Andheri
Huma Qureshi Launched Retail Mega Store 'DP Retail" In AndheriBy BOLLYWOOD FLASH| 138 views
IIP growth rises to 4.3% in July; August retail inflation at 3.21%
Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018. Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.
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Watch IIP growth rises to 4.3% in July; August retail inflation at 3.21% With HD QualityBy The Economic Times| 236 views
महंगाई के मोर्चे पर मोदी सरकार फेल | Retail inflation spikes to 3.99% on costlier food | #DBLIVE
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महंगाई के मोर्चे पर मोदी सरकार फेल | Retail inflation spikes to 3.99% on costlier food | #DBLIVE
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Retail inflation spikes to 16-month high of 4.62% in October
India's Retail inflation for the month of October breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time since July 2018 due to higher food prices even though RBI had predicted that food prices "are likely to moderate as winter supplies enter the market". Inflation touched 4.62, according to the data released by the statistics office on Wednesday, compared to 3.99% in the month of September.
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Watch Retail inflation spikes to 16-month high of 4.62% in October With HD QualityBy The Economic Times| 288 views
Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%
Retail inflation for the month of February climbed to 5.03 per cent after witnessing a significant dip last month.The core inflation jumped to 5.88 per cent. The RBI had expressed concerns over core inflation in last policy meeting.
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Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%By The Economic Times| 109 views
Retail inflation surges to 10 36 percent in April News video
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Category:
News
India’s retail inflation at all time high of 7.79% in April
The retail inflation number in April remained high due to the low base effect, worsened by price jumps across all major commodity groups. The Consumer Price Index (CPI)-based inflation, which the RBI takes as a reference point while deciding on the monetary policy, in April 2022 soared to an eight-year high of 7.79 per cent. It is as compared with 4.23 per cent in April 2021 and 6.97 per cent in March 2022. Core inflation, which excludes changes in food and oil prices, in April also touched a 95-month high at 6.97 per cent. It has remained over 5 per cent for 24 consecutive months. Inflation in the food basket rose to 8.38 per cent in April, from 7.68 per cent in the preceding month and 1.96 per cent in the year-ago month. High price levels of fuel and food items, especially of vegetables, spices and oils/fats, along with household services, contributed to the sharp rise in inflation, a level which is seen as being partly responsible for preempting the unscheduled repo rate hike of 40 basis points by the RBI last week. Among states, the highest inflation rate was recorded by West Bengal, followed by Madhya Pradesh and Telangana. Core inflation — the non-food, non-fuel component of inflation — in April also touched a 95-month high of 6.97 per cent, remaining more than 5 per cent for 24 consecutive months.
Experts say, the base effect may moderate inflation levels in May but it is still expected to remain above 6.5 per cent, raising expectations of a back-to-back rate hike in the June monetary policy meeting of the RBI. Inflation is being seen as posing the “biggest threat” to the economy and the RBI is looking at reversing all measures — liquidity infused and policy rate cuts — taken during the pandemic over the next 1-2 years along with measures to kill demand. India Ratings has been pointing out for a while that inflation in health services is turning structural, as it has remained in excess of 6% for the last 16 months. Education inflation, although low,By VARINDIA| 18 views
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By Bollywood Crazies| 21113 views
JK Govt Raises Motor Vehicle Tax To 9 Percent In State And 10 Percent to two wheelers
Watch JK Govt Raises Motor Vehicle Tax To 9 Percent In State And 10 Percent to two wheelers With HD Quality
By KASHMIR CROWN| 211 views
Ram Iyer, EVP Retail, Vodafone India at CII TN Retail Conference
www.mycii.in,www.cii.in
Ram Iyer, EVP-Retail, Vodafone India Ltd speaking at the TN Retail Conference organised by Confederation of Indian Industry. He clearly explains the Vodafone India's retail strategy in reaching across India urban and rural IndiaWatch Ram Iyer, EVP Retail, Vodafone India at CII TN Retail Conference With HD QualityBy CII| 621 views
Huma Qureshi Launched Retail Mega Store 'DP Retail" In Andheri
#HumaQureshi Launched Retail Mega Store 'DP Retail" In Andheri
Huma Qureshi Launched Retail Mega Store 'DP Retail" In AndheriBy BOLLYWOOD FLASH| 138 views
IIP growth rises to 4.3% in July; August retail inflation at 3.21%
Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018. Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.
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Watch IIP growth rises to 4.3% in July; August retail inflation at 3.21% With HD QualityBy The Economic Times| 236 views
महंगाई के मोर्चे पर मोदी सरकार फेल | Retail inflation spikes to 3.99% on costlier food | #DBLIVE
#HindiNews | #BreakingNews | #Watch | #video |
महंगाई के मोर्चे पर मोदी सरकार फेल | Retail inflation spikes to 3.99% on costlier food | #DBLIVE
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Retail inflation spikes to 16-month high of 4.62% in October
India's Retail inflation for the month of October breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time since July 2018 due to higher food prices even though RBI had predicted that food prices "are likely to moderate as winter supplies enter the market". Inflation touched 4.62, according to the data released by the statistics office on Wednesday, compared to 3.99% in the month of September.
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Watch Retail inflation spikes to 16-month high of 4.62% in October With HD QualityBy The Economic Times| 288 views
Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%
Retail inflation for the month of February climbed to 5.03 per cent after witnessing a significant dip last month.The core inflation jumped to 5.88 per cent. The RBI had expressed concerns over core inflation in last policy meeting.
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Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%By The Economic Times| 109 views
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Kylie Jenner & Tyga's ROMANTIC Vacation PICTURES
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनातBy LNV India| 0 views
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Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चाBy JANTV RAJASTHAN| 0 views
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Dehradun Live | विधानसभा में बोले रहे सीएम पुष्कर सिंह धामी उत्तराखंड विधानसभा सत्र का आगाजBy JANTV RAJASTHAN| 0 views