December 2024 CPI data out! Retail inflation drops to 5.22% due to lower food prices - Details
The Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of December 2024 over December 2023 is 5.22% (Provisional). Corresponding inflation rates for rural and urban are 5.
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 wholesale price inflation rises to 2.37 per cent in December
The Wholesale Price Index (WPI) based inflation was 1.89 per cent in November The Wholesale Price Index (WPI) based inflation increased to 1.89 percent in November 2024. It was 0.86 per cent in December 2023.
December CPI inflation eases to 4-month low of 5.22%
December retail inflation moderated to 5.22% due to easing in prices of vegetables and other food items. The inflation was at 5.48% in November, government data showed.
India's wholesale price inflation rises to 2.37% in December 2024
For historical context, the final WPI for October 2024 stood at 156.7, reflecting an annual inflation rate of 2.75 per cent. The provisional figures for December 2024 were compiled with a weighted response rate of 87.5 per cent, whereas the final data for October had a response rate of 95.9 per cent.
US Wholesale Inflation Surprisingly Eases on Drop in Food Prices
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help temper concerns of lingering price pressures.
India's December retail inflation eases to 5.22% y/y as food price growth slows
India's annual retail inflation in December eased to 5.22% from 5.48% in the previous month as the rate of increase in food price slowed, according to government data released on Monday. Annual retail inflation in December was lower than economists' estimate of 5.
Wholesale Price Inflation Rises To 2.37% In December; Food Prices Ease
India's wholesale price index (WPI) inflation rose to 2.37 per cent in December, up from 1.89 per cent in November, driven by higher prices of manufactured goods and a low base effect, according to government data released on Tuesday.
India's Retail Inflation Drops To Four-Month Low of 5.22 per cent in December - Details
India's retail inflation eased to a four-month low of 5.22 per cent in December, down from 5.48 per cent in November, according to data released on January 14. The decline in inflation was largely driven by a moderation in food prices,
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