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Retail Inflation Eases to 4-month Low of 5.22 Pc in Dec
December CPI Data: India's Retail Inflation Modestly Eases To Four-Month Low Of 5.22%
The Reserve Bank of India targets retail inflation at 4%, with a tolerance level of two percentage points on either side. In October, inflation was the highest in 14 months and in excess of the RBI's upper tolerance band, before easing in November and December.
India’s retail inflation drops to 4-month low at 5.22% for December: Govt data
After a reduction in food prices, retail inflation eased to a four-month low of 5.22% in December, compared to 5.48% in November. Inflation in the food basket fell to 8.39% in December, down from 9.04% in November.
India's December 2024 inflation eases to 5.22 pc
The All India Consumer Food Price Index (CFPI) for December 2024 saw a year-on-year inflation rate of 8.39 per cent, reflecting a slight decline compared to the 9.04 per cent recorded in November 2024.
India's retail inflation moderates to 5.22% in December
The All India Consumer Price Index (CPI)-based annual retail inflation stood at 5.22% in December, down from 5.48% in November according to the Ministry of Statistics & Programme Implementation (MoSPI) data. The latest retail inflation number is in line with the Reserve Bank of India (RBI) 's medium-term target band of 2-6%.
Retail Inflation Eases To 4-Month Low Of 5.22% In December: Government Data
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday.
India consumer inflation likely eased in December: Reuters poll
Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of economists showed, bolstering expectations for an interest rate cut by the central bank next month amid slowing economic growth.
India's December Inflation Eases: A Mixed Bag of Price Changes
India's December 2024 retail inflation fell to 5.22%, driven by easing food prices and notable declines in rural and urban indices. Despite some vegetables showing high inflation, overall price pressures subsided.
Retail inflation dips to 4-month low of 5.2% in Dec
Retail inflation has eased to a four-month low of 5.2% in December, largely due to softer food prices, especially vegetables. However, it remains above 5%, complicating conditions for the RBI to lower interest rates.
India's December retail inflation eases to four-month low of 5.22 percent
India's retail inflation eased to touched a four-month low of 5.22 percent in December, from 5.48% in the previous month, as per government data released on Monday.
Retail inflation rate for December cools down to 4-month low at 5.22%
The retail inflation, measured by the Consumer Price Index (CPI) in November, fell from a 14-month high of 6.21% in October.
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December 2024 CPI data out! Retail inflation drops to 5.22% due to lower food prices - Details
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