Retail inflation is expected to moderate to 3.0% in May, the lowest in six years, driven by falling prices of cereals and pulses, according to Union Bank of India. April CPI had already eased to 3.16%, with a broad-based decline across food and personal care categories. While core inflation edged...
The persistently high CPI figure may look worrisome, as the latest numbers have beaten economic expectations. But they are expected to ease out in the coming months, especially with the rabi season showing promise. Furthermore, international factors like robust employment rates and growth in consumption in the U.S. will also...
Food inflation is one of the major drivers of Consumer Price Index, which is having a predictable impact on RBI’s monetary policy. India needs to address the structural inefficiencies that drive the rise in food inflation, to control disparities in price and availability of food across states.  Prices in India...
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