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FOOD WEIGHTAGE IN CPI
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...- Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%Retail inflation is set to rise by 0.42 percent due to increased fuel and milk prices. Economists predict broader impacts on transportation...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- India’s retail inflation eases to 5.48% in Nov from 6.21% in Oct as food prices moderateIndia's retail inflation eased to 5.48% in November, down from 6.21% in October, driven by moderating vegetable prices and stabilized edibl...
- 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...
- ET Explains: Why RBI may not cut rates despite a fall in retail inflationThe wait for a reduction in policy rate is likely to get longer as the fall in the Consumer Price Index (CPI) in July to 3.54%, below the R...
- 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.
- 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...
- Expect inflation to pick up in June: Radhika Rao, DBS“Even the present pullback in CPI inflation is looked at pretty sceptically.”
- Lower food inflation brought down WPI: Upasna Bhardwaj, Kotak Mahindra Bank“We are looking at about 5.8% as the peak in the first half of this calendar year.”
- Difficult for RBI to cut rates if inflation inch up more than anticipated: Mythili BhusnurmathIIP did very-very badly, particularly capital goods. So certainly the IIP does suggest that there is going to be some kind of recovery.
- Expect rupee to remain in range of 60-61 in near term: Dr Soumya Kanti Ghosh, SBIThe currency is likely to remain range-bound and I will be surprised if there is a little bit of appreciation from the current levels.
- 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...
- Dichotomy between WPI and CPI: PranabAdmitting that there was dichotomy between the Wholesale Price Index and Consumer Price Index, Finance Minister Pranab Mukherjee termed the...
- 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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