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Retail Inflation eases

Retail Inflation eases to 6.83% in August, IIP grows at 5.7% in July According to the data released by Ministry of Statistics & Programme Implementation on 12th September 2023, India’s headline retail inflation rate fell to 6.83% in August from a 15 month high of 7.44% in July 2023, this is mainly due to slide […]

CPI AND IIP

India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve Bank of India (RBI). India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve Bank of India (RBI).August 14, 2023CPI JulyRetail inflation, measured by the consumer price index, surged […]

RBI

RBI pauses for a second time in a row; the repo rate remains at 6.5%. RBI pauses for a second time in a row; the reporate remains at 6.5%.9th June, 2023SummaryThe Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) in its second bi-monthly monetary policy meeting of FY24 decided to leave the repo rate […]

Categories2023(July) Blog

US FOMC Meet Highlights – June 2023

   FOMC MeetingJune 15, 2023 Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) decided unanimously to keep the Fed funds rate or the benchmark US interest rate at which the Fed lends money to commercial banks unchanged at 5-5.25%, a first pause in 15 months of back-to-back increases. This decision was in line […]

Retail inflation spikes to 4.81% in June

July13, 2023CPI JuneAfter declining to a 25-month low in May, India’s retail inflation increased in June. Prices for food had a major role in the recent spike, which is anticipated to continue in the next month. According to information issued on Wednesday by the Ministry of Statistics and Programme Implementation, the Consumer Price Index-based inflation […]