India's GDP outlook ‘bright’; 6.5% growth expected in FY24: FinMin
FinMin says it remains “comfortable” with a 6.5% real GDP growth estimate for FY24, with symmetric risks; forecast aligns with RBI’s GDP estimates
food inflation
September 2023
August 2023
March 2023
February 2023
WPI inflation in negative territory for 5th month straight
Negative rate of wholesale inflation primarily attributed to fall in prices of mineral oils, basic metals, chemical & chemical products, textiles, and food products
Retail inflation eases to 6.83% in August
Retail inflation falls to 7.02% in rural areas from 7.63% in July, while it drops to 6.59% in urban areas from 7.20% in previous month
Inflation may spike in near months due to supply shocks: MPC
Indian oil majors, which turned profitable in the summer last year, are in a position to reduce domestic prices, says MPC member Ashima Goyal
As tomato prices cool down, vegetable inflation will decline by Sept: RBI Guv
Global supply chains are under pressure, which along with rising global commodity prices have contributed to “multi-decadal high inflation” in 2022, says Shaktikanta Das
Elevated inflation challenges macro stability: FinMin
It may be noted that headline retail inflation in the economy spiked to 7.4% in July 2023, with specific food commodities mainly driving the increase.
Inflationary pressures to remain high in coming months: FinMin
In July 2023, though growth prospects have been strong, inflationary pressures have "re-emerged", says the finance ministry in the latest monthly economic review
RBI, govt continue to maintain ‘guarded’ approach amidst rising food inflation: FinMin
The report comes amidst soaring prices of vegetables and fruits in the past few weeks, owing to supply-chain constraints and weather-related disruptions.
Retail inflation eases to 6.44% in Feb
Urban inflation rose to 6.1% in February from 6% in January while rural inflation declined to 6.72% in February from 6.85% in January.
Budget 2023: Consumer inflation bites again
Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
