retail 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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RBI State of the Economy Report

The Reserve Bank of India (RBI) in its ‘State of the economy’ report cautioned that the surging commodity prices are causing inflation risks, especially through the surging of imports. The ever-growing widening of current and trade account deficits along with the portfolio capital outflows is putting pressure on external sustainability despite the fact that the ..

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Retail Inflation and IIP in March

In March, the annual retail inflation of India rose to a 17-month high while there was a contraction in the factory output in February, thus complicating the policy choices of the nation’s central bank. Overview: The National Statistical Office (NSO) has released the data showing that the retail inflation in March 2022 rose to 6.95 ..

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UNCTAD: Indian economy to expand by 7.2% in 2021

The United Nations Conference on Trade and Development (UNCTAD) has released its Trade and Development report on September 15, 2021. Key findings of the report According to the report, India’s economic growth rate will increased to a four-year high of 7.2 per cent in 2021 as compared to a contraction of 7 per cent 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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Nomura’s Food Vulnerability Index ranks India at 44th

A report published by Japanese Nomura Global Market Research have ranked 110 countries in Nomura’s Food Vulnerability Index (NFVI) 2019 on the basis of three components (1) Net food import, (2) Country’s Gross Domestic Product (GDP) per person and (3) Share of food on household consumption. Theoretically, a country with lower per capita GDP will ..

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