Retail inflation has reached a 12-month low but food inflation still remains a concern
As a result, while food products, motor vehicles, rubber and plastic products and other manufacturing items witnessed a month-on-month increase in the
Das stressed on the need to remain vigilant on food prices, given the forecast of higher temperatures between April-June
The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5% for fourth time in a row as it maintains a tight vigil on inflat
The Index of Industrial Production (IIP) also increased 11.9 percent in August as per the official data.
Inflation in the food basket slowed down to 3.11% in August 2021 from 3.96% in July 2021, according to the data released by the NSO.
Reserve Bank governor Shaktikanta Das underlined the need for closely monitoring the price situation with a view to anchoring inflation expectations
Today's data points vindicate the RBI's decision to calibrate the policy normalisation in a gradual fashion, say experts
RBI will be evaluating two key questions - what is the outlook on economic (GDP) growth and, what is the outlook on retail inflation