Cpi Inflation Likely Dropped To 5 4 In September

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

CPI Inflation likely dropped to 5.4% in September

ri-calendar-2-lineOct 10, 2023

By: BlinkX Research Team

FbkFbkTwitterTelegram

India's Consumer Price Index (CPI) inflation is anticipated to have reached a three-month low in September, returning to the Reserve Bank of India's (RBI) acceptable range of 2-6 percent after two months. According to a survey CPI inflation is expected to have fallen to 5.4 percent, down from 6.83 percent in August.

 

The Ministry of Statistics and Programme Implementation is set to release the retail inflation data for September and the industrial production data for August on October 12 at 5:30 pm. Economists are predicting a surge in industrial growth, with the Index of Industrial Production (IIP) potentially reaching 9.1 percent, up from 5.7 percent in July.

 

If it reaches 9.1 percent, August IIP growth will be the highest in 14 months. The fall in tomato prices, which saw a substantial 62 percent month-on-month decrease as they returned to normal levels, likely contributed to the decline in inflation. However, during the same period, onion prices increased by 12 percent, and both cereals and pulses experienced sequential price hikes, as reported by the Department of Consumer Affairs.

 

Cereal prices rose by 1-1.6 percent month-on-month, while pulses saw an increase of 1.5-5.9 percent. Conversely, edible oil prices likely applied downward pressure as they were predominantly lower the previous month.

Related News

News Thumbnail
Economy

The ₹2000 banknote withdrawal: Where we stand

3 mins read. November 3, 2023 at 08:41 AM

News Thumbnail
Economy

FOMC holds Fed Funds Rate steady with Cautionary Outlook

1 mins read. November 3, 2023 at 08:25 AM

News Thumbnail
Economy

Coal sector records 16.1% growth in September 2023: Centre

2 mins read. November 3, 2023 at 04:09 AM

News Thumbnail
Economy

Indian Railways achieves 87.25 MT freight loading till October 2023

1 mins read. November 2, 2023 at 04:46 AM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions