India, inflation
India rate cuts seen delayed to 2025 after Sept inflation spike, say economists
A sharp jump in India's retail inflation for September has prompted several economists to push back domestic rate cut bets to the first-half of 2025 from early December, with some citing growth as a bigger factor that could determine the timing of an interest rate reduction.
India's Sept Retail Inflation Accelerates at Its Fastest Pace in 9-Months
NEW DELHI (Reuters) -India's retail inflation in September accelerates at its fastest pace in nine months, due to higher food prices, according to government data released on Monday.
India’s retail inflation hits 9-month high of 5.49% in September, exceeds RBI’s 4% target
India's retail inflation rose to 5.49% in September, driven by higher vegetable prices and a lower year-ago base, surpassing the Reserve Bank of India's (RBI) 4% medium-term target for the first time since July.
Food pushes India's retail inflation to nine-month high in September
India's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data released on Monday. Annual retail inflation was at 5.49% in September,
Inflation likely hit a 3-month high in September: Mint poll
Headline inflation in India likely climbed up again in September to the one of the highest so far in 2024 on account of normalising base effects and rise in vegetable prices, undoing the easing streak seen in July and August.
US has cut rates, inflation in India is below 4%, so why hasn’t RBI cut interest rates for 20 months now?
The RBI’s policy panel kept the Repo rate steady in a 5:1 majority decision. New MPC Member Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industrial Development, voted to reduce the Repo rate by 25 basis points.
Instant view: India's September retail inflation accelerates to 5.49%
India's annual retail inflation accelerated to 5.49% in September from 3.65% a month ago, government data showed on Monday.
At 5.5%, retail inflation in September rises to a 9-month high
Retail inflation in New Delhi rose to a 9-month high of 5.5% in September, driven by a sharp increase in food prices like vegetables, edible oils, and pulses. This surge in inflation dampens hopes for an interest rate cut,
Retail Inflation Jumps To 5.49% in September, Up From 3.65% in August
In September, India's retail inflation rose to 5.49 percent on an annual basis, owing to continued increases in vegetable prices and a lower year-ago base. This is higher than the previous month's 5-year low of 3.
India's September retail inflation accelerates to 5.49%
India's retail inflation in September accelerated at its fastest pace in nine months due to higher food prices, government data released on Monday showed. The annual retail inflation quickened to 5.49% in September from 3.
India cenbank deputy says climate, tech risks a threat to inflation targetting
Risks posed by climate change and digitalisation are likely to make it tougher for central banks to implement ...
World Bank ups India's growth forecast for FY25 to 7% due to rising private consumption
The World Bank has raised India's economic growth forecast to 7% for the fiscal year ending in March 2025. This is up from ...
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2 per cent, while CPI inflation for the ...
India's central bank holds key interest rates steady
The Reserve Bank of India (RBI) kept its key interest rate unchanged today as widely expected, but changed its policy stance ...
US Inflation eases slightly, but still higher than average: Report
Latest CPI data shows US inflation dipping to 2.4% but surpassing economist predictions, signaling a cautious outlook for the ...