#retailinflation
Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI
The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline
Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI
The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline
India's Retail Inflation Hits Near Five-Year Low Despite August Rise Driven by Vegetable Prices
India's retail inflation saw a slight increase in August 2024, rising to 3.65% from 3.54% in July, as reported by the Ministry of Statistics and Programme Implementation. Despite this marginal rise, the inflation rate remains at its lowest level in nearly five years, a position it last reached in September 2019. This uptick was driven primarily by a significant rise in vegetable prices, which soared by 10.7% compared to a 6.8% increase the previous year. The Consumer Price Index
India's Retail Inflation Hits Near Five-Year Low Despite August Rise Driven by Vegetable Prices
India's retail inflation saw a slight increase in August 2024, rising to 3.65% from 3.54% in July, as reported by the Ministry of Statistics and Programme Implementation. Despite this marginal rise, the inflation rate remains at its lowest level in nearly five years, a position it last reached in September 2019. This uptick was driven primarily by a significant rise in vegetable prices, which soared by 10.7% compared to a 6.8% increase the previous year. The Consumer Price Index









