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Food price pressures deter swifter fall in inflation to RBI’s 4% target | Economy & Policy News

by
Business Standard

[ad_1] RBI further said the global economy is losing steam, with growth slowing in some of the most resilient economies and high frequency indicators pointing to further levelling in the period ahead. Photo: Bloomberg Food price pressures is an obstacle in swifter fall in retail inflation to the Reserve Bank’s target of 4 per … Read more

Costlier food keeps retail inflation elevated in Feb; Jan IIP growth eases | Economy & Policy News

by
Business Standard

[ad_1] High food prices kept the retail inflation rate above 5 per cent in February while growth in industrial production eased in January, led by deceleration in the growth of manufacturing output. The data released by the National Statistical Office showed the consumer price index-based (CPI-based) inflation rate eased slightly to 5.09 per … Read more