Retail inflation for farm and rural labourers marginally up in September
The corresponding figures for August were 5.96 per cent for agricultural labourers and 6.08 per cent for rural labourers, according to the Labour Ministry data.
The corresponding figures for August were 5.96 per cent for agricultural labourers and 6.08 per cent for rural labourers, according to the Labour Ministry data.
The Reserve Bank of India’s (RBI) recent decision to maintain the key interest rate at 6.50 per cent while shifting its policy stance to “neutral” represents a strategic recalibration in its approach to balancing inflation control and economic growth.
The month over month change in WPI index for September 2024 stood at 0.06% as compared to August 2024.
With prices of essential commodities, including vegetables shooting up considerably on the eve of the Durga Pujas, chief secretary Manoj Pant will convene a high-level meeting at the state secretariat tomorrow in order to put a check on price rise, said sources at Nabanna.
The all-India Consumer Price Index-Industrial Workers (CPI-IW) for August decreased by 0.1 points, and stood at 142.6.
As we move into the second half of the fiscal year, the Reserve Bank of India’s (RBI) forecast of a 4.5 per cent average inflation rate brings some optimism.
After the rate cut decision, the US dollar turned higher, putting pressure on gold like safe commodities.
The wholesale price index (WPI)-based inflation in August cooled to a four-month low of 1.31 per cent.
India's retail inflation remained under the crucial 4 per cent threshold for the second consecutive month in August, marking a positive turn for the country’s economic stability.
Russia's central bank has increased its key interest rate from 18 per cent to 19 percent in an effort to curb inflation, the bank said in a statement on Friday.
