September 17, 2024, 06:12 PM - 3 min read
Wholesale inflation fell to 1.31% in August, a 4-month low, due to lower vegetable and fuel prices, despite spikes in onion and potato costs. This marks a second consecutive monthly decline after May's high of 3.43%.
Read moreSeptember 16, 2024, 05:44 PM - 3 min read
The government’s Household Consumption Expenditure Survey for 2023-24 shows results similar to the 2022-23 survey, leading to the likely use of the earlier data for the new Consumer Price Index (CPI) series, amid discussions on updating the base year and revising the CPI basket.
Read moreSeptember 8, 2024, 11:02 AM - 2 min read
Equity markets this week will be influenced by macroeconomic data releases, including CPI inflation and industrial production, global oil price movements, and foreign investor trading, with attention also on potential US Fed rate cuts and upcoming US inflation data.
Read moreAugust 12, 2024, 06:03 PM - 2 min read
Retail inflation in India fell to a five-year low of 3.54% in July, dipping below the Reserve Bank's 4% target for the first time since September 2019, according to government data released on Monday.
Read moreMarch 12, 2024, 09:05 PM - 2 min read
Aditi Nayar, Chief Economist at ICRA, projected a dip in headline CPI inflation to below 5% in March, primarily attributed to reductions in fuel and light prices. However, she cautioned that food inflation is likely to remain elevated above 7%.
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