Consumer Price Index
AA Edit | Amid global headwinds, govt must rally all forces
This is the ninth consecutive time that the retail inflation has come above RBI's tolerance level of six per cent.
Retail inflation in March nears 7%
As the data, the prices of palm oil, the world's most consumed vegetable oil, surged nearly 50 per cent this year
Inflation breaches RBI band in January
The RBI, which mainly factors in the CPI-based inflation, has been tasked to keep the inflation at 4%, with margin of 2% on either side
Retail inflation hits 6-month high of 6.3 pc in May on costlier food, fuel
Wholesale price-based inflation too accelerated to a record 12.94 per cent in May
Retail inflation may average at 4 per cent in FY20: SBI report
In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier food items.
Inflation soars to 15-month high
Prices of cereals and products were also high at 2.16 per cent against 1.66 per cent a month ago.
Retail inflation rises to 3.99 pc in Sep on costlier food items
The price rise in the food basket was recorded at 5.11 per cent in September, as against 2.99 per cent in the preceding month.
Inflation increased in September but won't 'bring tears' to RBI: Report
If the consensus is right, inflation will come in below the RBI’s medium-term target for 14 months in a row.
Retail inflation inches up to 10-month high of 3.21 pc in August
However, retail inflation is still within the Reserve Bank's target range, thus keeping hopes of another rate cut alive.
Government, RBI must work closely for a ‘big bang’ cut
Every bank has to deposit a percentage of their deposits in the RBI to safeguard the interests of the depositors.