Food inflation biggest challenge in disinflationary process: RBI Guv Shaktikanta Das
Mumbai: Despite the central bank's efforts to reduce India's retail inflation to its 4 percent target, the final stages of the disinflationary process are challenging due to persistently high food prices, Reserve Bank of India Governor Shaktikanta Das stated at an event on Tuesday.
RBI's MPC Committee airs concern about trends in food inflation
Mumbai: All the six members of Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) expressed concern over food inflation, and two external members cautioned against the elevated real interest rates as headline inflation nears its 4 percent target, media reports said, citing the minutes of the meeting.
Consumer Price index up 0.2 points, Puducherry records maximum rise
Shimla/UNI: The All lndia Consumer Price Index (CPI) for June increased by 0.2 points and stood at 129.2, as per government data.
India's retail inflation soars to 7.79 pc in Apr
New Delhi: India's retail inflation jumped to 7.79 percent in April, mainly pushed by rising fuel and food prices, government data showed on Thursday.
World food prices jumped 20.7 pc y-o-y in Feb as price of vegetable oils, dairy products rise
World food prices jumped to a record high in February, owing to an increase in vegetable oils and dairy products, to record a 20.7 percent increase year-on-year.
India's November retail inflation rate drops to 2.33 percent
New Delhi, Dec 12 (IBNS): Lower food prices eased the country's retail inflation for the month of November to touch 2.33 percent, official data released on Wednesday said.