Consumer Price Index (CPI) Current Affairs, GK & News

Retail Inflation and Index of Industrial Production (IIP)- Update

The National Statistical Office (NSO) released data on India’s retail inflation and Index of Industrial Production (IIP) on July 12, 2022. NSO data on inflation According to NSO data, in June 2022, the retail inflation was more than the upper tolerance limit of RBI for the sixth consecutive month. This has increased the chances of ..

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India’s Retail Inflation in December 2021

The retail inflation in India increased to 5.59% in December 2021. This is the highest in the last five months. The inflation data was released by the Ministry of Statistics and Programme Implementation. About the increase in retail inflation The inflation rate is measured by Consumer Price Index. In December 2020, the retail inflation in ..

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WPI inflation increases to 11.39 per cent in August

The wholesale price-based inflation (WPI) increased marginally to 11.39 per cent in August 2021 due to higher prices of manufactured goods, even though the prices of food articles softened. Highlights Inflation in August got reversed from the easing trend of two months (June and July). WPI remained in double-digit for the fifth consecutive month. In ..

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RBI: Inflation Forecast Model Amended

The Reserve Bank of India recently revised its Inflation Forecast Model. The new model will capture how fiscal and monetary policy interact with real economy elements in a better way. About the New Inflation Forecast Model The new model is broken into three blocks. The first block decomposes the primary deficit of the Government into ..

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RBI Monetary Policy

On April 7, 2021, the Monetary Policy Committee of Reserve Bank of India announced the outcome of its bi-monthly monetary policy review. Key Highlights The repo rate has been kept unchanged at 4%. The reverse repo rate has been kept at 3.35%. The real GDP growth for the Fiscal Year 2022 is predicted to be ..

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Agra Metro Project

Agra Metro Project consists of two corridors with a total length of 29.4 km. It connects famous tourist attractions like Taj Mahal, Agra Fort, Sikandra etc., with railway stations and bus stands. Its construction work is to be inaugurated by Prime Minister Modi. The project is expected to benefit 29 lakh people in the city ..

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