Cooling Inflation
India’s retail inflation easing to a five-month low of 4.31 per cent in January presents a significant moment for economic policy.
India’s retail inflation easing to a five-month low of 4.31 per cent in January presents a significant moment for economic policy.
Median inflation expectation for the three months horizon increased by 20 bps to 9.3%. It inched up by 10 bps to 10.2% for one year ahead.
The Index exhibited a further downward momentum in January, dipping to 4 per cent on a YoY basis, moderating from 5.4 per cent in December.
The Eurozone's annual inflation rate climbed to 2.5 per cent in January, up from 2.4 per cent in December 2024, according to a flash estimate released by Eurostat on Monday.
The Indian middle class, often hailed as the backbone of the nation’s economy, is at a critical juncture.
The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively, Ministry of Statistics and Programme Implementation (MoSPI) said on Tuesday.
India’s inflationary pressures are back in the spotlight, as food prices surge amid unpredictable weather patterns and shifting global dynamics.
The US Federal Reserve's latest rate cut signals a nuanced approach to managing economic stability amid shifting pressures on inflation, employment, and political changes.
Speaking at a media event, the Governor assured that the RBI is prepared to act with strength and agility, likening the Indian economy to a tiger for its resilience amid fluctuating global conditions.
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.
