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Searched Tag: cpi inflation

Inflation declines to five-year low of 3.54% in July

August 12, 2024, 06:03 PM - 2 min read

Retail inflation in India fell to a five-year low of 3.54% in July, dipping below the Reserve Bank's 4% target for the first time since September 2019, according to government data released on Monday.

As per the latest data released on Tuesday, consumer price inflation (CPI) figures for February revealed a mixed picture across various Indian states, with disparities evident in retail inflation rates compared to the national average.

CPI Inflation in February: Disparity persists across Indian states

March 12, 2024, 09:05 PM - 2 min read

Aditi Nayar, Chief Economist at ICRA, projected a dip in headline CPI inflation to below 5% in March, primarily attributed to reductions in fuel and light prices. However, she cautioned that food inflation is likely to remain elevated above 7%.

Inflation declines to five-year low of 3.54% in July

CPI Inflation in February: Disparity persists across Indian states

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