India’s benchmark inflation measure, the Consumer Price Index (CPI), grew at 6.8% in August, lower than the 7.4% print in July but higher than the 6% upper limit of RBI’s tolerance band. Wholesale prices, as measured by the Wholesale Price Index (WPI), contracted by 0.5% in August, making it the fifth consecutive month of contraction. […]
Tag Archives: Consumer Price Index
09
Aug
Aug
Most analysts expect India’s benchmark inflation measure, as measured by the Consumer Price Index (CPI) to breach the 6% threshold in July. A Reuters poll of economists has put this number at 6.4%. What is remarkable, however, is the fact that this spike in inflation – the June print was just 4.8%— is a result […]
13
Jul
Jul
There are two broad takeaways from the June inflation print that was released on Wednesday. On the back of a high base, retail inflation, as measured by the Consumer Price Index (CPI), rose 4.81% in June, after four consecutive months of moderation. One, spiralling food prices are pushing retail inflation and analysts estimate that consumers […]
13
Apr
Apr
The National Statistical Office (NSO) released inflation numbers for the month of March on Wednesday. They show that retail inflation as measured by the Consumer Price Index (CPI) was 6.7% in 2022-23, the highest since 2013-14. To be sure, the monthly inflation number for March came down from 6.4% in February 2023 to 5.7% in […]