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8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...- Energy price pressures to drive CPI inflation to 4.5% in FY27: ICICI Bank reportIndia's retail inflation is projected to reach 4.5 percent in fiscal year 2027. This upward revision by ICICI Bank is driven by increasing ...
- CPI update: Weights rather than base year to impact inflation, say expertsIndia's revised Consumer Price Index (CPI), with a 2024 base year, will be more influenced by changes in item weights than the base year it...
- Tech to catch price trends in CPI revisionThe Indian government is updating its Consumer Price Index (CPI) by switching to digital data collection and revising the base year to 2024...
- Food items may shed weight in CPI basketA revision of India's Consumer Price Index (CPI) is underway, potentially reducing the weightage of food items. This change, based on the l...
- What moved consumer inflation in March 2023, where is it headed?Let us examine components and sub-components of CPI combined to determine what contributed to or hindered the moderation.
- Centre clears air on pre-packaged food tax, says decision based on consensusThe GoM included members from seven states: Karnataka, Bihar, Goa, Kerala, Rajasthan, Uttar Pradesh, West Bengal, many of which are ruled b...
- Basket composition drives inflation wedge, CPI-WPI divergence to continueUnlike consumer price inflation, WPI does not include services, which is witnessing lower inflation compared to goods. Fuel, which has rema...
- Economic survey suggests change in weightage of food items to gauge true picture of inflationThe survey noted that the weights of all items in retail inflation are based on the NSO household consumption expenditure survey of 2011-12...
- CPI inflation at 15.65% in Nov, over 3 times higher than WPIConsumer price inflation of commodities consumed by agricultural and rural labourers increased to 15.65 percent in November, over three tim...
- No warning from RBI over wage-push inflation crisis: FMThe Reserve Bank has not issued any warning that the constant rise in consumer prices will lead to higher wages and result in an inflation ...
- Food items to get less weightage in new inflation indexFood items will be given less weightage in the new wholesale price index (WPI) to reflect the changing consumer behaviour and lifestyle.
- Costlier food sends retail inflation soaringRetail inflation, as measured by consumer price indices for farm and rural workers, rose by 12.9% and 12.67%, respectively, in July on the ...
- Food inflation in double-digitsFew people trust the inflation number announced by the government every Thursday. There are reasons.
- CPI follows in WPI footsteps, eases in FebThe rise in consumer prices is way higher than WPI-based inflation which had hit a record low of 0.44% for the week ended March 7.
- Rising food prices belie inflation numbersHeadline inflation may have moderated, but there appears to be no respite for consumers in their daily life.
- Scary inflation figures may not be bothering the common manEven as inflation measured by the wholesale price index (WPI) has shot through the roof and crossed the double digit levels, the consumer p...
- Consumers in urban areas paying more than what the data showsFor the consumer, the high inflation could be much more painful than what is indicated by the wholesale price index which has hit the 11.05...
- Retail prices belie inflation control claimsThe recent statements by government officials that the rise in food prices has been checked may provide cold comfort for consumers, especia...
- Price indices Jet-laggedA vast majority of consumers who are unaware about the computations of inflation indices may have to be forgiven if they tend to believe th...
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