New Delhi, May 13 (IANS) The consumer price index inflation rose mildly to 3.48 per cent in April from 3.40 per cent in March, and CPI‑based inflation is expected to average 5.1 per cent in fiscal 2027, a report said on Wednesday.”While the conflict in West Asia has crossed 74 days, the upside risks to retail inflation seem to be materialising at a snail’s pace, indicating that the consumer remains largely protected so far,” the report from Crisil Ratings said.The Reserve Bank of India’s M…
Latest Core Inflation News & Updates
Washington, April 30 (IANS) The US Federal Reserve has kept interest rates unchanged as rising global energy prices linked to the Middle East conflict pushed inflation higher, while policymakers flagged growing uncertainty around the economic outlook. Federal Reserve Chair Jerome Powell on Wednesday (local time) said the central bank remains focused on its dual mandate of maximum employment and stable prices, even as inflation has “moved up and is elevated.”“The US economy has been expandi…
Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Wednesday projected the country’s inflation rate based on the Consumer Price Index (CPI) for 2026-27 at 4.6 per cent as the near-term food supply prospects have been boosted by a robust Rabi crop which provides some comfort amid rising oil prices in the international market due to the Iran war.RBI Governor Sanjaya Malhotra said, “The pass-through of higher global energy prices has resulted in price increases in select fuels such as pr…