Categories: Economy

Retail inflation rose to 6.01% in January, just above RBI’s upper limit

India’s retail inflation, as measured by the consumer price index (CPI), accelerated to 6.01% in the month of January, breaching the Reserve Bank of India (RBI) tolerance band of 6%, albeit marginally. The surge in inflation print was driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Inflation, as measured by the consumer price index (CPI) was 5.66% in the preceding month of December. The Central bank’s monetary policy has been given the mandate to maintain annual inflation at 4% until March 31, 2026, with an upper tolerance of 6% and a lower tolerance of 2%.

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Fruit is known as the King of Tropical Fruits?

Tropical fruits are famous for their unique flavors, vibrant colors, and health benefits. Some fruits…

10 hours ago

India Becomes First Country to Commercially Produce Bio-Bitumen

India has achieved a historic global milestone by becoming the first country in the world…

10 hours ago

Which River is known as the Silver River?

Rivers are often given special names because of their beauty, color, or importance in human…

11 hours ago

Who was the First Male Pilot in India? Know the Name

India has a proud history in the world of aviation. Many brave men and women…

9 months ago

Which Indian State has the Most Waqf Land?

Waqf properties in India are lands or buildings, donated by individuals for religious, educational or…

12 hours ago

Which Country is Known as the Startup Nation?

Some countries around the world are known for their special talents. Some are famous for…

12 hours ago