Consumer Price inflation Current Affairs, GK & News

CPI inflation reaches 7.41% in September 2022

India’s retail inflation surged to a 5-month high in September, surpassing RBI’s upper margin of 6 per cent for the ninth consecutive time. Key facts Retail inflation, measured using the Consumer Price Index (CPI), has increased from 7 per cent in August to 7.4 per cent in September this year. CPI inflation in the January-March ..

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India’s Retail Inflation in August 2022

India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index (CPI)-based inflation has returned to 7% in August 2022. In July 2022, the retail inflation had reduced to a five-month low of 6.71%, after spending the three ..

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Retail inflation in India in April

According to the data released by the National Statistical Office (NSO), retail inflation in April is 7.79%. Rural inflation surged to a near 8-year high of 8.38%, whereas urban inflation was at an 18-month high of 7.09%. What is inflation? Inflation is the general rise in the prices of goods and services in an economy. ..

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5th Bi-monthly Monetary Policy 2019-20

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by the Governor of RBI, Shaktikant Das, voted unanimously to keep the policy rate unchanged and announced the 5th bi-monthly monetary policy of 2019-20 on Thursday, 5th December 2019. Highlights from the 5th bi-monthly monetary policy: The earlier projected GDP growth ..

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