Meaningfully larger increases are likely in coming months” to inflation as tariffs take hold, said the top U.S. economist at ...

Gold is dear to Indians. While its importance cannot be undermined, volatility in prices may distort the inflation trajectory ...

The CPI, a basket of goods and services typically bought by consumers that tracks the change in those prices over time, has cooled considerably from its peak of 9.1% in June 2022, but continues to ...

The Consumer Price Index, a basket of goods and services typically bought by consumers, ... "Food prices, which had been tame in the first half of 2024, continued their acceleration, ...

Learn about the Consumer Price Index (CPI), how it measures inflation, affects your purchasing power, and its significance in economic decision-making. Business Insider Subscribe Newsletters ...

Food is a big driver of inflation in India given its high weighting in the CPI basket. In June, food prices rose 9.36% from a year earlier, pushing up the headline inflation rate to 5.08%.

So, to get a better sense of underlying inflation trends, economists and policymakers closely look at “core” readings, which exclude food and energy costs. Core CPI rose 0.3% for the fourth ...