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  US inflation rate jumps to 40-year high of 7.5 per cent

  World | February 11, 2022 10:12 IST

  The Labor Department said that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.

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  US inflation jumped 7.5% in the past year, highest in 40 years

  Business | February 10, 2022 20:43 IST

  The Labour Department said Thursday that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.

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  Inflation skyrockets in Sri Lanka; food prices at record high

  World | January 22, 2022 15:50 IST

  As soon as the COVID-19 pandemic broke out in 2020, the government imposed import restrictions to try and stop dwindling of foreign reserves. Sri Lanka currently banks on the Indian economic assistance with credit lines being made available to finance fuel and food imports.

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  WPI inflation eases to 13.56 per cent in December; food items, veggies see price rise

  Business | January 14, 2022 14:55 IST

  WPI inflation has remained in double digits for the ninth consecutive month beginning April. Inflation in November was 14.23 per cent, while in December 2020 it was 1.95 per cent.  

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  US inflation at 40-year high pressures consumers, Federal Reserve and Biden

  World | January 13, 2022 7:29 IST

  Prices rose sharply in 2021 for cars, gas, food and furniture as part of a rapid recovery from the pandemic recession. Vast infusions of government aid and ultra-low interest rates helped spur demand for goods, while vaccinations gave people confidence to dine out and travel.

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  Retail inflation rises to 5.59% in Dec from 4.91% in Nov: Govt data

  Business | January 19, 2022 16:49 IST

  As per the data released by the National Statistical Office (NSO), food inflation rose to 4.05 per cent in December this fiscal compared to 1.87 per cent in the preceding month.

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  Global economic growth likely to derail with COVID, inflation, income inequality: World Bank

  Business | January 12, 2022 12:52 IST

  In emerging and developing economies, growth is expected to drop from 6.3 per cent in 2021 to 4.6 per cent in 2022 and 4.4 per cent in 2023, the World Bank report stated. 

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  Inflation hits 5% in 19 countries using the Euro, highest since 1997

  Business | January 07, 2022 17:22 IST

  Inflation rose to 5% in December compared with a year earlier, according to Eurostat, the European Union's statistical office. That is the highest level in the eurozone since recordkeeping began in 1997, breaking the record of 4.9% only just set in November.

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  Turkey's inflation hits 36%, highest in 19 years

  World | January 03, 2022 18:43 IST

  The Turkish Statistical Institute said the consumer price index increased by 13.58 per cent in December from the previous month, further eroding peoples' purchasing power. The yearly increase in food prices was 43.8 per cent, the data showed.

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  Retail inflation rises to 4.91% in November

  Business | December 13, 2021 19:57 IST

  The data furnished by the National Statistical Office showed that Consumer Price Index (CPI) inched-up to 4.91 per cent last month from 4.48 per cent in October 2021.  

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  Inflation rate in Delhi lowest among metro cities: Manish Sisodia

  India | November 19, 2021 16:09 IST

  While presenting the report prepared by the Directorate of Economics and Statistics, Deputy Chief Minister Manish Sisodia said, the average annual inflation growth rate based on Consumer Price Index (CPI) in 2020-21 was only 3 per cent in Delhi as compared to 5 per cent nationally.

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  WPI inflation spikes to 12.54% in October; crude, manufactured items see price rise

  Business | November 15, 2021 13:32 IST

  The Commerce and Industry Ministry said that high rate of inflation in October 2021 is primarily due to rise in prices of mineral oils, basic metals, food products, crude petroleum & natural gas, chemicals and chemical products etc as compared to the corresponding month of the previous year.

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  India's October retail inflation inches-up on high food, input prices

  Business | November 13, 2021 9:05 IST

  However, on YoY basis, the rise in last month's retail inflation was slower than 7.61 pc rise recorded for Oct 2020.

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  'Current inflation level is not a joke': Rahul Gandhi takes a swipe at Modi govt ahead of Diwali

  India | November 03, 2021 11:39 IST

  A day before Diwali, Rahul Gandhi said, "I wish the Modi government had a sensitive heart for the public."

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  'If income is rising, accept inflation too...': Madhya Pradesh minister | Watch

  India | October 31, 2021 20:20 IST

  In his statement, Mahendra Singh Sisodia said since the income of people has increased, they will have to accept the rising prices of commodities as well.

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  This govt is not for common man: Priyanka Chaturvedi slams Centre for rising prices

  India | October 31, 2021 8:24 IST

  Chaturvedi said that the PM Modi-led government is increasing prices incessantly and is offering no relief to the common man.

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  'Festive spirit has faded': Rahul Gandhi takes dig at PM Modi over price rise

  India | October 08, 2021 16:48 IST

  In a tweet, Gandhi quoted a news report that price rise has hit common people hard with petrol becoming dearer by Rs 2.35 and diesel by Rs 3 in 11 days.

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  RBI cuts inflation projection to 5.3 per cent for FY'22

  Business | October 08, 2021 14:56 IST

  The RBI has projected substantial softening in retail inflation in the near term on the back of easing food prices and favourable base effect.

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  Retail inflation dips to 5.3 percent in August

  Business | September 13, 2021 18:10 IST

  As per the data released by the National Statistical Office (NSO), inflation in the food basket was 3.11 per cent in August compared to 3.96 per cent in the preceding month.  

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  RBI optimistic about 9.5% growth in FY22; will gradually move to soften inflation to 4%: Das

  Business | September 09, 2021 20:43 IST

  The RBI had decided to use the 2 percentage point cushion to keep the inflation within the 2-6 percent target band as a result of the pandemic to push growth, Das said, adding that the Monetary Policy Committee (MPC) will take a call on continuing with the accommodative stance.