What December inflation data tells us, what it means for budget, monetary policy
What is CPI inflation and how exactly is it calculated? What is worth noting in the December inflation numbers? We explain.
Source: indianexpress.com
Page 29 - Programme Implementation News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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India's industrial growth slumps to 2.4% in November, slowest pace in 8 months
In April-November 2023, India's industry - as measured by the Index of Industrial Production - grew by 6.4 percent as against 5.6 percent in the first eight months of 2022-23.
Source: moneycontrol.com
inflation: India's retail inflation surges to a four-month high of 5.69 per cent in December
India's retail inflation in December rose to 5.69 per cent, compared to 5.55 per cent in November, according to data released by the Ministry of Statistics & Programme Implementation on Friday. This increase remains within the Reserve Bank of India's tolerance range of 2-6 per cent. On a month-on-month basis, the inflation rate contracted by (-)0.32 per cent.
Source: indiatimes.com
Retail inflation rises to 5.69% in December on base effect
Headline retail inflation has now spent 51 consecutive months above the Reserve Bank of India's medium-term target of 4 percent.
Source: moneycontrol.com
India IIP: India's industrial production growth drops to 2.4% in Nov from 11.7% in Oct
India's industrial production increased by 2.4% annually in November, compared to an 11.7% increase in October, according to government figures released on Friday. As of November 2022, the index of industrial output (IIP) had increased by 7.6%.
Source: indiatimes.com