Retail Inflation Peaks At 5 Month High Up To 7 41 India Food Inflation News
Retail Inflation Peaks At 5 Month High Up To 7 41 India Food India witnessed a surge in retail inflation, reaching a four month high of 5.69 per cent in december, primarily fueled by rising food prices. despite this increase, it remains within the acceptable range set by the reserve bank of india (rbi). First published: 13 oct 2022, 06:13 am ist. business news economy retail inflation climbs to 5 month high in september. the imf estimates india’s inflation at 6.9% in 2022 23 and expects it to.
India S Retail Inflation Rises To 5 Month High Of 7 41 In September India's retail inflation rose to a four month high of 5.69 per cent in december 2023. in november, it was 5.55 per cent. in december last year, the retail inflation was 5.72 per cent. The spike in inflation was triggered mainly by food prices, which make up about half of the consumer price basket, and which climbed 9.24% in september from a year earlier. vegetable costs surged. Summary. july retail inflation 7.44% vs 4.87% in june. food inflation 11.51%, highest since jan 2020. pressure on government to cool prices ahead of 2024 election. new delhi, aug 14 (reuters. File | photo credit: sushil kumar verma. india’s retail inflation accelerated to a four month high of 5.7% in december 2023, from 5.55% a month earlier, led by an uptick in food prices that rose.
India S Retail Inflation Hits 5 Month High Of 7 41 In Sept Industrial Summary. july retail inflation 7.44% vs 4.87% in june. food inflation 11.51%, highest since jan 2020. pressure on government to cool prices ahead of 2024 election. new delhi, aug 14 (reuters. File | photo credit: sushil kumar verma. india’s retail inflation accelerated to a four month high of 5.7% in december 2023, from 5.55% a month earlier, led by an uptick in food prices that rose. India's retail inflation in december rose to 5.69 per cent, compared to 5.55 per cent in november, according to data released by the ministry of statistics & programme implementation on friday. this increase remains within the reserve bank of india's tolerance range of 2 6 per cent. on a month on month basis, the inflation rate contracted by ( )0.32 per cent. The chart shows india inflation growth was at 9 month high of 5.49% on yearly basis in september 2024. inflation of food, which accounts for nearly half of the consumption basket, rose to 9.24%.
Comments are closed.