Retail inflation likely to be high during elections

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Election combined with a heatwave may keep retail inflation, based on Consumer Price Index, at a high level in the coming months. Also read:RBI retains FY25 real GDP projection at 7%; retail inflation at 4.5% Based on 11 months (April-February) figures for fiscal year 2023-24, the average headline inflation has been 5.4 per cent, as … Read more

Retail inflation likely to be above 5% for January

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Government will make retail inflation data, based on Consumer Price Index (CPI), at 5.30 pm on Monday. The expectation is, that it will come down from 5.69 per cent but, be above 5 per cent. Also read: Retail inflation may have peaked, but fear of supply shocks persists One reason for lower inflation, could be … Read more