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Crime & Justice / The Sen Times

December retail inflation eases to 5.22% from 5.48% in previous month as food price growth slows

NEW DELHI, Jan 13(Reuters) Indias annual retail inflation in December eased to 5.22% from 5.48% in the previous month as the rate of increase in food price slowed, according to government data released on Monday. Annual retail inflation in December was lower than economists estimate of 5.3% in a Reuters poll. Inflation in food items, which account for nearly half of the consumption basket, slowed to 8.39% in December from 9.04% a month earlier. Vegetable prices rose 26.56% year-on-year in Decem

13 Jan 2025 5:01 pm
Govt expects food inflation to slow in coming months, report says

NEW DELHI, Nov 25 (Reuters) Government expects food inflation to slow in the coming months, backed by a bumper summer crop harvest, and remains cautiously optimistic on its economic growth, according to a report. A bumper kharif (summer crop) harvest is expected to lower food inflation in the coming months, the report said. Indias retail inflation surged to a 14-month high in October, driven by high vegetable prices. A favorable monsoon, adequate reservoir levels and higher minimum support pric

25 Nov 2024 3:07 pm
India inflation to rise further to 5.81% on rising food costs

BENGALURU, Nov 8 (Reuters) Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicted, a shade below the central banks tolerance threshold of 6.0%. Food prices, which make up nearly half of the inflation basket, likely increased at a faster pace last month. Tomatoes, a key ingredient in every Indian kitchen, are expected to have surged by double digits in price as uneven rai

8 Nov 2024 6:40 pm