Inflation, volatility in energy markets dampening growth momentum, says FM Sitharaman in G20 meeting
New Delhi/Washington/UNI: Participating in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Washington on Thursday, Finance Minister Nirmala Sitharaman said that the global growth momentum is dampened by prolonged inflation, supply chain disruption, volatility in energy markets and investor uncertainty.
New Delhi: CPI inflation surged to 6.95% on yearly basis in Mar’22 as compared to 6.07% in Feb’22 mainly on account of food price inflation.
CPI inflation moves up to touch 17-month high figure of 6.95 pct in March
New Delhi: India's retail inflation jumped to a 17-month high figure of 6.95 percent in March from 6.07 percent in February, as per government data released on Tuesday.
Experts laud RBI's move to address inflationary pressures while balancing growth
Mumbai: The Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at four percent for the 11th time in a row as it continues to maintain its accommodative stance in the backdrop of rising inflation.
RBI's focus shifts to inflation from economic growth amid geopolitical crisis
Mumbai: Taking note of the risks due to rising inflation amid global geopolitical incidents, after a period of two years, the RBI is prioritizing inflation over economic growth.
World food prices jumped 20.7 pc y-o-y in Feb as price of vegetable oils, dairy products rise
World food prices jumped to a record high in February, owing to an increase in vegetable oils and dairy products, to record a 20.7 percent increase year-on-year.
Retail inflation touches 6.01 pct in January highest in six months
New Delhi: India's retail inflation spiked to 6.01 per cent in January, the highest figure in six months, as per data released by the Indian government on Monday.
India's CPI touches 5.59 pct in December
New Delhi: India's Consumer Price Index inflation touched 5.59 percent in December, as per data released by the Indian government on Wednesday.
Pakistan's inflation rate hits 12.3 pc
Islamabad/UNI: The inflation in Pakistan increased in December by 12.3 per cent, highest in nearly two years, according to media report on Sunday.
Retail inflation rises to 4.91 pc amid rising food prices
New Delhi/IBNS: The retail inflation based on Consumer Price Index (Combined) rose to a three-month high of 4.91 percent in November spurred by rising food prices.
WPI touches 14.23 pct in November
New Delhi: The Wholesale Price in India touched a more than a decade high of 14.23 per cent in November, official data released on Tuesday said.
India's WPI inflation spikes to 12.54 percent in October
New Delhi: India's Wholesale Price Index (WPI) spiked to 12.54 percent in October, as per government released data on Monday.
India's inflation touches all-time high of 12.94 percent
Mumbai: India's wholesale price index (WPI) based inflation in May hit an all-time high of 12.94 percent, revealed data released by the government on Monday.
Soaring food prices, conflicts driving hunger, rise across West and Central Africa: WFP
New York: More than 31 million people across West and Central Africa may not have enough to eat in the coming months as hunger rises due to an “explosive mix” of skyrocketing food prices, conflict and fallout from the COVID-19 pandemic, the World Food Programme (WFP) said on Friday.
Economic Survey says overall inflation is expected to moderate
New York: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate.