 "What is CPI-based Inflation or Retail Inflation")
CPI-based Inflation
What is CPI-based Inflation or Retail Inflation
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Latest Updates on CPI-based Inflation
WPI inflation in Nov at 0.26%, returns to positive territory after 7 months
The rise in WPI inflation was led by food inflation. The index in this category rose steeply by 4.69% in November as compared to 1.07% in October
 "WPI inflation in Nov at 0.26%, returns to positive territory after 7 months")
Rural Manipur grapples with over 12 per cent inflation amidst unrest
Some 71 per cent of the state's population resides in rural areas
 "Rural Manipur grapples with over 12 per cent inflation amidst unrest")
MoSPI kicks off work for CPI base revision after over a decade: Report
This is the first time the ministry is revising the base in over a decade. Currently, the base year for calculations of CPI is 2011-12
 "MoSPI kicks off work for CPI base revision after over a decade: Report")
Assam, Odisha among states clocking high rural inflation than urban in FY23
Assam, Haryana, Madhya Pradesh, Manipur, Mizoram, Odisha, Uttarakhand, West Bengal, and Delhi experienced higher rural inflation than urban inflation
 "Assam, Odisha among states clocking high rural inflation than urban in FY23")
Not convinced of durable fall in inflation: RBI Deputy Guv Michael Patra
CPI inflation was at 6.7% in July, the first time in four months that the price gauge fell below 7%
 "Not convinced of durable fall in inflation: RBI Deputy Guv Michael Patra")
Inflation: Your soap or cookies may not be getting pricier but lighter
Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel
 "Inflation: Your soap or cookies may not be getting pricier but lighter")
What explains RBI's 'near-unanimous' inaction even as inflation was rising?
For the RBI, a correct reading of its mandate would have been that the inflation target is 4%, not 6%. And action to raise interest rates should have begun last year, writes T N Ninan
Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
 "Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack")
RBI leaves key rates on hold amid Omicron risks; analysts weigh in
The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%
 "RBI leaves key rates on hold amid Omicron risks; analysts weigh in")
RBI leaves rates unchanged, says economy better prepared to deal with Covid
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
 "RBI leaves rates unchanged, says economy better prepared to deal with Covid")
RBI keeps rates on hold to support recovery, 'sail towards normal times'
Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%
 "RBI keeps rates on hold to support recovery, 'sail towards normal times'")
Stocks, debt yields slip on biggest US inflation hike in 13 years
Stocks on Wall Street at first took the CPI data in stride, bidding up technology stocks that typically thrive with low interest rates
 "Stocks, debt yields slip on biggest US inflation hike in 13 years")
The current 'inflation' is a mystery. FinMin, RBI must tread carefully
At a time of declining incomes, people don't have money. So they do not buy. If they don't buy, prices must fall, not increase. What, then, explains the inflation? T C A Srinivasa Raghavan explores
Covid-19 fallout: Outdated CPI, GDP may have to wait longer for revision
Revision of CPI and GDP base years from 2011-12 and 2012, respectively, was dependent on the outcomes of the consumer expenditure survey of 2017-18, which the govt junked sometime back
 "Covid-19 fallout: Outdated CPI, GDP may have to wait longer for revision")
RBI's renewed challenges
The second wave could increase risk for the banking system
 "RBI's renewed challenges")
February IIP contracts 3.6%; retail inflation rises to 5.5% in March
The manufacturing sector output contraced by 3.7 per cent in February, while the mining output declined by 5.5 per cent. Meanwhile, the power generation grew by 0.1 per cent
 "February IIP contracts 3.6%; retail inflation rises to 5.5% in March")
WPI inflation at 2.03% on costlier manufactured items, food prices ease
The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year
 "WPI inflation at 2.03% on costlier manufactured items, food prices ease")
RBI's monetary and Centre's fiscal policy are moving hand-in-glove
RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP
 "RBI's monetary and Centre's fiscal policy are moving hand-in-glove")
Inflation worries play on RBI's mind, dampen mood of bond market
Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps
One nation one ombudsman: RBI to integrate consumer grievance redressal
There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present
 "One nation one ombudsman: RBI to integrate consumer grievance redressal")
