Retail inflation stable: Finance minister Nirmala Sitharaman
India’s retail inflation has declined from an average of 7.1% in April-October 2022 to 5.4% in the corresponding period of 2023. The retail inflation is now stable and within the notified tolerance band of 2% to 6%. The core inflation rate has declined from 5.1%...
India’s food inflation remains above ‘comfort’ level
New Delhi: Food inflation in India remains above New Delhi‘s “comfort” level despite retail inflation easing in October, a government official said on Wednesday. India’s retail inflation eased in October to a four-month low of 4.87%, edging closer to the central bank‘s target of 4%,...
Stay connected