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 India's CPI Retail Inflation to 6.01 Percent in January 2022 CPI(Consumer Price Index) Inflation, also known as Retail Inflation rose to 6.01 Percent in the month of January 2022. It is noteworthy that the Retail inflation rate has been volatile in the recent few months post Covid-2019. At the same time, India's Unemployment rate has dropped slightly. The Unemployment rate for the month of January was around 6.57 Percent - Urban contributed with 8.16 Percent and 5.84 Percent in Rural. For the past few months, the Unemployment rate in Urban areas has been higher than in Rural Areas. The current said CPI Retail inflation for the month of January is above the Central Bank's near term target. Due to the rising prices of Food inflation, it went above the 6 Percent rate. On January 2022, the pulses grew by 3 Percent, Vegetables by 5.19 Percent, Oil and Fats by 18.7 Percent.  Retail Inflation of January 2022 is the highest price Since October 2020. Prices of Fuel and Light were a...

  Retail Inflation rose to 5.03 Percent in the month of February 2021 India's Retail Inflation(Consumer Price Index) was 4.06 Percent in the month of January 2021. According to the recent data, the retail inflation have risen to 5.03 Percent in the last month - February 2021. This is significantly higher than the Market Expectation of 4.83 Percent. The CPI Inflation rose in the last month, due to rising Food Prices. Food Inflation which were stood at 1.89 Percent in the month of May 2019, is now 3.89 Percent in February 2021. Similarly, the Pulses has risen to 12.54 Percent, where the Vegetable prices declined slightly to 6.24 Percent in the said above period. Clothing and Footwear were increased to 4.21 Percent from 3.82 percent. Tobacco and Housing prices were also increased. The prices of Fuel and Light fell to 3.53 Percent from 3.87 Percent. For the past one year, the CPI - retail prices has largely been above 6 Percent.    The RBI - Central bank has set a short term ...

5 years Consumer Price Index (CPI) Historical Data Analysis (2013-2018)   The Consumer Price Index (CPI) Inflation for the month of August 2018 went down to 3.69 Percent. Earlier it was 4.17 percent in the month of July as for the developing nation. Here I am taking the last 5 years historical data of CPI India numbers to analyze. For India after 2010, the index for inflation was changed from the Wholesale Price Index (WPI) to Consumer Price Index by the Central Bank – RBI. The Central Statistical Office (CSO) also had given the CPI with a base year 2012 = 100. However, CPI is an important factor to decide the Inflation / Deflation. There are more than 25 Index categories to analyze the prize changes in the CPI Data, especially the data split as Rural and Urban.   Finding the Inflation using CPI numbers is not a hard task, which most of the developed and upcoming nations are using scrutinized. The Lowest and Highest CPI numbers are 86.81 and 140.40 respectively .  The Last one y...

How the Inflation would be calculated using CPI in India ?   Consumer Price Index (CPI) is an economic measurement to finding the Inflation Rate . It also used to analyze the weighted average of price changes of a collection of particular goods and services. The Goods and services are likely Food, Transportation, Clothing, Education, Medical or any other goods or services. So, the calculation for CPI  is nothing but by taking the price changes in every item on the collection of goods and services and then average the total price changes, then divided by the base year. How the CPI can be calculated ? Already we know that there is a price for every item in a collection of goods and services and the collection should be averaged. The term, ‘Collection’ often referred as a ‘Basket’ . For example, if the Toned Milk priced at Rs. 45 per litre and 100 gram of butter at a price of Rs. 45 in the month of January 2018 and the total consumption is 2 litres of milk and 100 gm of butter. T...

Wholesale Price Index (WPI) Inflation eases at 2.84 % for January 2018     Wholesale Price Index (WPI) Inflation India eases at 2.84 % for the month of January 2018, which is a 6 months low due to the decrease price of Food products and fuel. There was a 1.88 % WPI inflation for the last July 2018.   The WPI for the December 2017 was at 3.58 % as compared to this January, the recent inflation difference with the previous was at 0.74 %. The Vegetables are at low and the Onions were at high prices in January.   Wheat, Egg, Fish and Meat are the low prices, but the Fruits went high. Due to this, the inflation slightly adjusted with average there. The Fuel prices are also decreased to 1.2 % this January, as it was at 8.8 percent in the last December 2017. Vegetables and Onion Inflation Prices are 40.77 percent and 194 percent respectively. The Fruit prices were at 8.50 percent. The Fuel and energy went at 4 %   ( Read this post after the advertisement... )   ...

CPI Retail Inflation rises to 5.21 % - December 2017   The Central Statistical Office(CSO) recently reported the Consumer price index (CPI) retail inflation for India, its rises to 5.21 % in the month of December 2017.    India's retail inflation for december 2017 is at 5.21 percent, and for the November at 4.88 percent, the october had its 3.58 %.   The current inflation of December as it had the 17 month high, since in the mid of august, 2016.   Food and beverages stood at 4.85 %, Clothing and footwear at 4.8 percent, and the housing, energy with 8.25 percent and 7.90 % respectively.   Earlier, the Reserve Bank of India's (RBI) expected inflation for the second half of the financial year 2018, is between 4.3 to 4.7 percent. But it had crossed the expectation mark.   So, may the RBI changes the rates in the upcoming policy meeting. The next meeting for the policy will held on February 7, 2017.   As the RBI's expectation is not wel...