Lower food prices, especially those of vegetables and cereals, brought down India s sequential retail price inflation in January 2021.Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, declined to 4.06 per .
The overall growth scenario remains fragile. Sudden withdrawal of liquidity could hurt growth and spook financial markets. The MPC is unlikely to take that risk for now.
Households expect inflation to increase in the next one year, says RBI survey
Respondents were more uncertain about future inflation than in the past few survey rounds. February 10, 2021 / 07:53 AM IST
More households expect general prices as well as inflation to increase in the next one year, the Households Inflation Expectations Survey showed on February 5. Respondents were more uncertain about future inflation than in the past few survey rounds as reflected in the widened confidence interval, the Reserve Bank of India (RBI) survey revealed.
This is the January 2021 round of the RBI’s bi-monthly Inflation Expectations Survey of Households. In view of the COVID-19 pandemic, the survey was conducted through field interviews wherever possible and telephonic interviews elsewhere from January 02 to January 11, 2021, in 18 major cities, the RBI said.
Inflation affected life of most Indians in 2020
By IANS |
Published on
Sun, Jan 31 2021 19:42 IST |
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Rupee. (File Photo: IANS). Image Source: IANS News
New Delhi, Jan 31 : Over 70 per cent people have felt the impact of high commodity prices in the past one year, according to an IANS-CVoter pre-budget survey.
The survey showed that 38.2 per cent of respondents said that their quality of life has been too much adversely affected due to inflation in the past one year, and 34.9 per cent said that the there was little bit of impact.
However, 26.7 per cent people did not feel any impact of high inflation at all.