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India’s April Retail Inflation Eases Marginally to 4.83%

Santhosh Kumar 09/06/2024

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India’s Retail Inflation Eases to 5.09% in February 2024 mind map Recent News February 2024 CPI inflation at 5.09% Why Decrease in cooking oil prices Dropped by 11.67% Decrease in price increase rate for spices Slowed down to 13.28% from 16.36% What India's retail inflation Eased to a four-month low of 5.09% Pulses turned costlier By 20.47% Cereals price increase By 7.83% Vegetable prices increase By as much as 31.38% in January Core inflation comforting Eased to 3.3% Where India Who Ministry of Statistics & Programme Implementation Released data Reserve Bank of India (RBI) Maintained repo rate at 6.5% How Data collection From 1114 urban markets From 1181 villages Price data collection Through personal visits by NSO field staff Significance Potential easing of financial burdens for consumers Signaling relief to household budgets Challenges No relief in pulses and cereals prices Vegetable prices shot up significantly Way Forward RBI's approach to upcoming April 2024 monetary policy Focused on maintaining inflation within target range

India’s Retail Inflation Eases to 5.09% in February 2024

17/03/2024 / Deflation, Depression, Economic Issues - Inflation, Recession, Slowdown

Categories: Deflation, Depression, Economic Issues - Inflation, Recession, Slowdown

Tags: 6.06.2024, Newsbits

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