Retail inflation slips below 7% for first time since April

[ad_1] India’s retail inflation slipped below the 7% mark for the first time since April, easing to 6.71% in July from 7.01% in June. This is the seventh month in a row that the pace of price rise has been over the upper tolerance limit of 6% pursued by the central bank’s monetary policy committee. […]

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Retail inflation for industrial workers eases to 6.16% in June

[ad_1] Labour Bureau has been compiling consumer price index for industrial workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country Labour Bureau has been compiling consumer price index for industrial workers every month on the basis of retail prices collected from 317 […]

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High WPI may put pressure on retail inflation: RBI

[ad_1] “The conflict over Ukraine and the consequent spike in commodity prices has overcast the outlook for inflation in India as in the rest of the world” “The conflict over Ukraine and the consequent spike in commodity prices has overcast the outlook for inflation in India as in the rest of the world” Sounding a […]

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Centre mulls spending over ₹2 lakh crore to fight inflation, say sources

[ad_1] Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. The government is considering spending an additional ₹2 lakh crore ($26 billion) in the 2022-23 fiscal […]

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