Headline inflation Current Affairs, GK & News
Retail inflation increases to 2.57% in February 2019
The Central Statistical Office (CSO) has released the data of Inflation for the month of February 2019. The data shows that: Retail inflation was at a four-month high of 2.57 per cent in February 2019 due to costlier food articles. The retail inflation was highest since October 2018 when it stood at 3.38 per cent. ..
Month: Current Affairs - March, 2019
Topics: Central Statistical Office • Consumer price index • CPI • CSO • Food Inflation • Headline inflation • Inflation • Rate Cut • RBI
RBI lowers Repo Rate
The six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das has lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2 vote. Important decisions by the MPC The features of the decisions taken by MPC are: Together with lowering the repo rate by 25 basis points to 6.25 per ..
Month: Current Affairs - February, 2019
Topics: bulk deposits • Headline inflation • Monetary Policy Committee • MPC • RBI • Repo Rate
Core inflation is a better indicator of price trends: RBI
According to RBI Governor, Core inflation is a better indicator of future price trends because of its less volatility. As per him an analysis of longer series of over three years shows that core inflation has statistically significant predictive power. However he added that headline inflation will surely have a larger momentum than core inflation.
Month: Current Affairs - July, 2012
Topics: Core inflation • Economy • Headline inflation • Inflation • Inflation targeting • Macroeconomics • Monetary Policy • Money • Phillips curve