By keeping inflation in check, the RBI ensures your savings retain value, your EMIs stay manageable, and your cost of living doesn’t spiral out of control.

However, over the years, the cost of living has been consistently on ... For instance, the annual inflation rate in India soared to 6.21% in October 2024 from 5.49% in the previous month, well ...

It encompasses various items, including food, clothing, housing, and healthcare. Updated monthly, the CPI helps monitor living costs and inflation rates, guiding the Reserve Bank of India's monetary ...

Indian Prime Minister Narendra Modi faces the challenges of reviving growth and giving relief to a middle class hit by rising ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

At the same time, when the purchasing power of each rupee declines, the general cost of living ultimately goes up ... As a result, the optimal inflation level encourages spending in today's times ...

The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.

At an annual rate of 2.5%, the consumer prices index (CPI) measure of inflation for the 12 months to December is well below the energy-led cost of living crisis peak above 11%. While that is ...

Turkey has experienced double-digit inflation since 2019, making life increasingly more expensive for millions of people, notably hitting the cost of education, housing, healthcare and restaurants and ...