Tag Archives: inflation

Inflation based on wholesale prices rose to a nine-month high of 1.55 percent in November as manufactured goods became more expensive while food prices fell. The IPM inflation was 1.48% in October 2020 and 0.58% in November of last year. This is the highest level of inflation based on the …

The government faces a new internal trade-off between fiscal stability and sticky inflation. The government has a difficult decision on whether to keep gasoline and diesel prices high or low, since in either case, retail fuel prices will hurt the economy in their own way. While high fuel prices can …

India’s inflation-targeting central bank postponed the inevitable walk down the path of normalization even though retail inflation remains uncomfortably high. But you won’t be able to do it for long. The decision to leave not only the official rates, but also the stance this time was expected. But what has …

“However, high optimism among investors continues unabated, as seen in equity markets around the world. With the US dollar further weakening in November, growth prospects in the rest of the world have strengthened.” , said. The Indian economy is experiencing a V-shaped recovery, as the Gross Domestic Product (GDP) has …

India’s central bank is likely to keep interest rates unchanged for the third meeting in a row as inflation remains stubbornly high and signs appear that growth begins to return to Asia’s third-largest economy. The six-member Monetary Policy Committee is forecast to keep the benchmark repurchase rate at 4% on …

The promise of a quick vaccine, India’s higher-than-expected gross domestic product (GDP) figures for the quarter ended September, and a booming stock market suggest that risks to growth may be waning. But there is still a big obstacle: persistently high inflation. And it may well represent the greatest threat to …

Negative real rates in India and the recovery in growth coupled with high inflation suggest that its central bank has little room for more monetary stimulus, but policy is likely to remain flexible, economists and analysts said. Industrial production in September grew for the first time in six months, while …

A worker works at an overpass construction site amid smog in New Delhi. (Reuters) Consumer inflation rose again to pre-virus highs in October, and almost all broad categories except fuel saw prices rise. While the fourth quarter is likely to mark the peak of inflation, we have become more cautious …

The Indian economy is likely to enter a recession phase for the first time in the second quarter (July-September) of the current financial year, and the Gross Domestic Product is expected to contract by 8.6%, the Bank said. of the Reserve of India in a bulletin. released Wednesday. Technically, a …

India’s retail inflation rose to the highest in more than six years due to high food prices. According to data from the Consumer Price Index (CPI) published by the Ministry of Statistics and Program Implementation, inflation stood at 7.61% in October, the highest since May 2014. Retail inflation registered 7, …