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The CPI inflation for July 2022 printed at 6.71
The Consumer Price Index (Combined) inflation for July 2022 printed at 6.71%, as compared to 7.01% in the previous month.
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Headline WPI inflation for July 2022
Headline WPI inflation for July 2022 printed at 13.93%, lower than 15.18% in June 2022.
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IIP growth for June 2022 printed at
IIP growth for June 2022 printed at 12.30%, lower than the reading of 19.64% in May 2022, on a year-on-year basis.
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The MPC unanimously decided to hike
The MPC unanimously decided to hike the policy Repo rate by 50 bps in the MPC meeting held on August 05, 2022. Consequently, key policy rates stand as follows: Repo rate at 5.40%, Standing Deposit Facility rate at 5.15%, and Marginal Standing Facility and Bank rate at 5.65%.
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