Retail inflation eases to 12-month low of 4.75% in Could

Retail inflation eased to a one-year low of 4.75 per cent in Could as costs of some kitchen staples declined marginally, in line with authorities knowledge launched on Wednesday. The Shopper Value Index (CPI) primarily based retail inflation was 4.83 per cent in April 2024 and 4.31 per cent in Could 2023. Specialists felt that … Read more

Retail inflation might have peaked, however concern of provide shocks persists

Celebration of Lohri, Pongal, Makar Villaku, Uttaryan, Makar Sankranti, and Bihu to mark the arrival of recent crops can also be anticipated to carry excellent news on the retail inflation infront. Although the arrival of recent crops is more likely to cool the retail inflation based mostly on Shopper Value Index (CPI) from its peak, … Read more