Consumer Price Index

  • Higher weight of food items causing high retail inflation: Government July 20, 2014

    New Delhi: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to official data. The high inflation in India owes to "higher weight for the food basket (about 50 per cent)" as against 14 per cent and 32...
  • Rupee trims early gains, quotes at 63.07 vs dollar November 14, 2013

    Mumbai: The rupee trimmed its early gains but was still higher by 23 paise to 63.07 against the dollar in late morning trade today on selling of the American currency by banks and exporters amid recovery in equity market. Persistent capital inflows from foreign funds into equity market also boosted the rupee...
  • Sensex snaps seven-day losing streak November 14, 2013

    Mumnai: The BSE Sensex rose nearly 1 per cent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the US Fed also helped. The Sensex added 205.02 points or 1.02 percent to end...
  • Sensex closes at lowest in over a month; inflation hurts November 13, 2013

    Mumbai: The BSE Sensex fell for a seventh consecutive session on Wednesday to its lowest close in over one month after higher-than-expected retail inflation data raised fears of a third rate hike this year. Among rate-sensitive stocks HDFC Bank Ltd fell 1.9 per cent, while Hero MotoCorp Ltd ended 1.8 per...
  • Rupee closes at 63.30 versus US dollar, rebounds by 41 paise November 13, 2013

    Mumbai: Rupee closed on Wednesday at 63.30 versus US dollar, rebounds by 41 paise or 0.64 per cent. Continuing its slide for the sixth straight day, the rupee on Wednesday lost 17 paise to trade at a fresh two-month low of 63.88 in early trade on strong dollar demand from importers...
  • RBI to issue inflation-indexed savings certificates September 4, 2013

    The Reserve Bank of India will issue inflation-indexed savings certificates which will be linked to Consumer Price Index (CPI) by November 2013 as a means to protect households against inflation. Governnor Raghuram Rajan announced this on Wednesday, saying the need of the hour is to protect households from inflation. He also announced...
  • CPI inflation slows to 9.31 per cent in May June 12, 2013

    New Delhi: Falling for the third straight month, retail inflation stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items, even as vegetable prices inched up sharply. The Consumer Price Index (CPI) based inflation stood at 9.39 per cent in April. It...
  • Income limit of 'creamy layer' hiked to Rs 6 lakh per annum May 16, 2013

    New Delhi: In a bid to widen the ambit of beneficiaries getting reservation under the OBC quota, the Central government on Thursday enhanced the ceiling for applying the 'creamy layer' restriction on "socially advanced persons". While the income criteria so far was Rs 4.5 lakh per annum, the Union Cabinet...
  • CPI inflation slows to 9.39 per cent in April May 13, 2013

    New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural inflation was also seen...
  • RBI likely to cut interest rates to prod sputtering economy May 3, 2013

    Mumbai: The Reserve Bank of India (RBI) is expected to cut its policy interest rate by a quarter point on Friday for the third time this year as it looks to bolster an economy growing at a decade low and takes comfort from easing inflation. While investors are hoping to...
  • Retail inflation declines to 10.39 pc in March April 12, 2013

    New Delhi: Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein based items eased. The Consumer Price Index (CPI) based inflation was at 10.91 per cent in February. The inflation, however, continued to remain in the double digit...
  • Retail inflation rises to 10.91 per cent in February March 12, 2013

    New Delhi: Retail inflation moved up for the fifth consecutive month to 10.91 per cent in February, remaining in the double-digit terrain for third month in a row, on account of higher prices of vegetables, edible oil, cereals and protein-based items. It was 10.79 per cent in January. The inflation crossed...
  • Consumer price inflation at 10.56 per cent in Dec January 14, 2013

    New Delhi: India's annual consumer price inflation accelerated to 10.56 per cent in December from the previous month, government data showed on Monday. Analysts had expected retail prices to rise an annual 10.20 per cent, above 9.90 per cent in November. India's retail inflation is the highest among the BRICS...
  • Retail inflation rises by 9.90 pc in November December 12, 2012

    New Delhi: Rising for the second consecutive month, retail inflation surged 9.90 per cent in November driven mainly by rising prices of food items such as sugar, vegetables, edible oil and clothing. The retail inflation was 9.75 per cent in October and 9.73 per cent in September. The highest price rise...
  • Retail inflation moves up to 8.83 pc in Feb March 19, 2012

    New Delhi: Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release in New Delhi on Monday. Among other...
  • Inflation in Feb rises to 6.95 pc from 6.75 pc March 14, 2012

    New Delhi: Inflation rose to 6.95 per cent in February because of sharp increase in food prices, especially vegetables and protein-based items. Inflation, as measured by the Wholesale Price Index (WPI), was 6.55 per cent in January. In February last year, it was 9.54 per cent. As per the official data...
  • Govt releases inflation nos; CPI up 7.65 pc February 21, 2012

    New Delhi: Inflation based on the all India Consumer Price Index stood at 7.65 per cent in January, as per the first nationwide retail inflation data released by the government on Tuesday. While 'food and beverages' reported a moderate rate of price rise of 4.11 per cent year-on-year in January, the...
  • First all India retail inflation data today February 21, 2012

    New Delhi: Starting from Tuesday the government will release the nation-wide Consumer Price Index (CPI) on a monthly basis for better reflection of retail price movement and to help the Reserve Bank take effective monetary policy steps to deal with inflation. The new CPI, according to experts, will eventually replace the...
  • Rural area retail inflation highest in Maharashtra February 18, 2012

    Shimla: The government on Friday said that the rate of inflation for rural workers moved up in a majority of states during January, with Maharashtra witnessing the highest level of price rise and Tripura the lowest. As per the monthly Consumer Price Index (CPI) number, released...
  • September inflation at 9.72 per cent: Govt October 14, 2011

    New Delhi: The wholesale price index (WPI) rose 9.72 percent in September from a year earlier, government data showed on Friday, girding the market for a possible rate hike this month despite weakening domestic growth and bleak global outlook. The figure was almost in line with the median forecast for a...
  • India's inflation minus 1.30 per cent July 2, 2009

    New Delhi: India's annual rate of inflation fell to minus 1.30 per cent for the week ended June 20, according to official data released on Thursday. The rate of inflation for the week ended June 13 was at minus 1.14 per cent. The index for primary articles rose 0.5 per cent, while...
  • Negative inflation not good news June 19, 2009

    New Delhi: As inflation slips into the negative zone deflation is the new reality. In August 2008 inflation hit 12.63 per cent, the highest in 16 years. But on June 18, the figure stands at -1.61 per cent, slipping into the negative zone for the first time since 1977-78. So should...
  • Inflation nears zero, further falls to 0.27 pc March 26, 2009

    New Delhi: Inflation fell further to 0.27 per cent during the second week of March even as prices of some essential commodities like cereals and vegetables rose during the period. This will give room to the RBI to take further monetary steps to spur the economy. ...
  • CNBC-TV18 poll sees inflation close to 0% March 26, 2009

    A CNBC-TV18 poll sees inflation for the week-ended on March 14 at 0.09 per cent — still in positive terrain — compared with 0.44 per cent the week earlier. Last week, the inflation number for the March 7 week, at 0.44 per cent, saw a drastic fall from the week...
  • Some cheer: Inflation inches down to 11.80 per cent October 10, 2008

    New Delhi: India's wholesale price index rose 11.80 per cent in the 12 months to September 27, below the previous week's annual rise of 11.99 percent, government data showed on Friday. The rate was below a median forecast of 11.98 per cent in a Reuters poll of analysts. Inflation for...