Consumer Price Index (CPI)

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 ..

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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 ..

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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 ..

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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 ..

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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 ..

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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 ..

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India seeks help from IMF and World Bank to fill data gaps

The Government of India has approached multilateral organizations such as World Bank and International Monetary Fund (IMF) to find out methods that will help in preparing economic indicators such as retail inflation, industrial production and economic growth. Highlights In today’s ..

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RBI: CPI Inflation to ease from 4.8% to 4.4% in Q2

On April 9, 2020, the Reserve Bank of India projected that the consumer Price Index is to ease from 4.8% in Q1 to 4.4% in Q2 of the financial year 2020-21. Highlights The estimated easing of CPI implies that the ..

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