#RetailInflation, which cooled steadily for four months, leapt to a higher-than-expected 4.81% in June, driven by rising food and vegetable prices.

https://www.livemint.com/economy/june-retail-inflation-higher-than-expected-11689187976669.html

#MintCharts | Rajasthan registered the highest #retailinflation at 8.6% in August, way higher than the national average of 6.83%. #Inflation was high in Haryana and Telangana too, at 8.27% each. Meanwhile, Goa recorded the lowest inflation at 2.95%.

Two months after elevating to its 15-months peak level, India's retail inflation cooled down further in the month of September.

Its #Retailinflation, aka #CPI, eased to a three-month low in September on the back of softer vegetable prices. Moreover, the inflation came below RBI's upper tolerance band of 2%-6%.

Read here: https://www.read.ht/Q9Xw

#MintCharts | #Retailinflation eased to a three-month low of 5.02% in September, according to government data. The inflation has come back to the #RBI's comfort level of below 6% after a gap of two months.

#MintCharts | India’s #retailinflation rose to a three-month high in November due to higher food prices.

The Consumer Price Index (#CPI)-based #inflation stood at 5.5% in November, up from 4.87% in October and 5.02% in September, according to data released by the ministry of statistics and programme implementation.

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#BandhanBank #retailinflation #SpiceJet #EaseMyTrip #Fighter #HrithikRoshan #DeepikaPadukone #HeroMotoCorp #China

India's #RetailInflation has hit 5.08% in June, rising from a 12-month low of 4.75% in May.

#Economy

Read here: https://www.read.ht/Sb6e

#MintCharts | #VegetablePrices are once again burning a hole in people’s pockets and pushing #RetailInflation up.

If not for double-digit vegetable #Inflation in June, the headline inflation number would have remained below the #RBI’s medium-term mark of 4% since January, Mint calculations show.


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#MintCharts | India’s #RetailInflation rate may finally fall below #RBI’s medium-term aim of 4% in July for the first time since September 2019 but mainly due to the statistical effect of a high base.

#Inflation based on the #CPI is expected to come in at 3.6% for July, dropping sharply from 5.1% the previous month mainly due to the base effect of high inflation last year, according to the median estimate of 21 economists polled by Mint.

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#MintCharts | India's #RetailInflation fell to 3.54% in July, dipping below the #RBI's 4% target for the first time in nearly five years, mainly due to last year's high base effect.

Vegetable prices rose 14.13% month-on-month, but their YoY #Inflation dropped from 29.32% to 6.83%. Tomatoes, despite their small weight, reduced July's inflation by 90 basis points due to a 42.91% YoY deflation.


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