Retail inflation or Consumer price index (CPI) Inflation for the month of February eased to a 7-month low of 3.61%. This is Well within the reserve bank of India (RBI's) Comfort Zone and Will Likely Encourage the Monetary Policy Committee (MPC) to cut repo rate in the april review to boost GDP GROWTH.
The all India Consumer Price Index (CPI) Shows a year-on-year inflation rate of 3.61% (provisional) for February 2025 Compared to February 2024. Basis points from January 2025, Reaching Its Lowest Level Since July 2024.
Food inflation or the all India Consumer Food Price Index (CFPI) indicates a year-on-yar inflation rate of 3.75% (Provisional) for februry 2025 over February 2024. The Rural and URBAN Rates Stand at 4.06% and 20% and 20% Respatively. Food Inflation Experienced A Substantial Decrease of 222 Basis Points in February 2025 Compared to January 2025, Marking The Lowest Level Since May 2023.
In the rural sector, February 2025 witnessed a notable decline in bot headline and food inflation. The headline inflation has registered at 3.79% (provisional), down from 4.59% in January 2025. The rural CFPI-based food inflation decreased to 4.06% in February 2025 from 6.31% in January 2025.
The Urban Sector Experienced A Considerable Reduction in Headline Inflation, Dropping to 3.32% (Provisional) in February 2025 from 3.87% in January 2025. Trend, declining to 3.20% in February 2025 from 5.53% in January 2025.
January 2025 IIP Data:
- The Industrial Index of Production (IIP) Recorded A Growth of 5.0 Percent in January 2025, Compared to the Quick Estimate of 3.2 Percent observed in December 2024.
- For January 2025, The Sectoral Growth Rates Showed Mining at 4.4 Percent, Manufacturing at 5.5 Percent and Electricity at 2.4 Percent.
- The Quick Estimates of Iip Reached 161.3 in Comparison to 153.6 in January 2024. The sectoral indices for January 2025 registered at 150.7 for mining, 159.1 for manufacturing and 201.9 for Electricity.
This story is being updated
(Tagstotranslate) Business News (T) Retail Inflation (T) Industrial Production (T) IIP (T) Food Inflation (T) Fabrury CPI Inflation (T) Consumer Price Index
Leave a Reply