Tag: CPI inflation

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India’s May WPI Inflation Drops to 3-Year Low of Negative 3.48% Amid Decreasing Fuel and Manufactured Goods Prices

India's wholesale price-based inflation rate hits a three-year low (-)3.48% due to falling prices of fuel, food and manufactured goods. Read more.

Decrease in CPI Inflation Continues, Reports Ghosh

India's CPI inflation fell to a 25-month low of 4.25% in May 2023, led by a decline in tomato prices and more moderate rainfall. Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser at State Bank of India, predicts that the average CPI will be 4.9% in FY24, with another RBI MPC pause expected in August 2023.

RBI likely to maintain interest rate pause as inflation falls: experts

Experts predict the RBI will keep the policy repo rate at 6.5% in June, due to reduced retail inflation. This confirms the effectiveness of previous rate actions.

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Decrease in CPI Inflation Continues, Reports Ghosh

India's CPI inflation fell to a 25-month low of 4.25% in May 2023, led by a decline in tomato prices and more moderate rainfall. Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser at State Bank of India, predicts that the average CPI will be 4.9% in FY24, with another RBI MPC pause expected in August 2023.

RBI likely to maintain interest rate pause as inflation falls: experts

Experts predict the RBI will keep the policy repo rate at 6.5% in June, due to reduced retail inflation. This confirms the effectiveness of previous rate actions.

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