Retail inflation for the month of February climbed to 5.03 per cent after witnessing a significant dip last month.The core inflation jumped to 5.88 per cent. The RBI had expressed concerns over core inflation in last policy meeting.
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Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%.
Retail inflation for the month of February climbed to 5.03 per cent after witnessing a significant dip last month.The core inflation jumped to 5.88 per cent. The RBI had expressed concerns over core inflation in last policy meeting.
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Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6%
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India's factory growth dragged while retail inflation saw an uptick in the data released on Tuesday. Retail inflation rose to a three-month high of 2.57 per cent in February from 2.05 per cent last month on the back of modest spike in food and fuel prices. Industrial production slipped to 1.7 per cent in January 2019 from 2.4 per cent in December 2018, manufacturing index was at 1.3 per cent per cent v/s 2.7 per cent month-on-month.
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Watch IIP slows to 1.7% in January 2019, 2.57% inflation at 3-month high in February With HD Quality
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Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018. Retail inflation rose marginally to 3.21 per cent in August from 3.15 per cent last month on the back of higher food prices, the government data showed on Thursday.
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Watch IIP growth rises to 4.3% in July; August retail inflation at 3.21% With HD Quality
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Retail inflation rose for the 4th-month in a row in November, accelerating to 14-month high of 5.41 per cent on the sharp pickup in food prices, posing a challenge to further easing of monetary policy by the Reserve Bank.
Watch Retail inflation at 14-month high of 5.41% With HD Quality
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Annual consumer price inflation edged up for the second straight month to 5.76 per cent in May, driven by higher prices of food and fuel products, government data showed on Monday.
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Retail inflation has risen to 3.18% in June from 3.05% in May on higher food prices, hitting an eight-month high, the government said on Friday, but stayed below the central bank's medium-term target of 4% for an eleventh straight month. Annual retail inflation in June was 3.18%, up from 3.05% in the previous month, but below analyst forecasts.
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Watch Retail inflation hits eight-month high, rises to 3.18% in June With HD Quality
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India's Retail inflation for the month of October breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time since July 2018 due to higher food prices even though RBI had predicted that food prices 'are likely to moderate as winter supplies enter the market'. Inflation touched 4.62, according to the data released by the statistics office on Wednesday, compared to 3.99% in the month of September.
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Watch Retail inflation spikes to 16-month high of 4.62% in October With HD Quality
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