January 2024 Cpi Estimate Format. The consumer price index (cpi) rose by 4.1% between january 2023 and january 2024, down from an annual increase of 4.6% in the 12 months to december 2023. The annual rate of inflation based on all india wholesale price index (wpi) number is0.27% (provisional) for the month of january, 2024 (over january, 2023).
Monthly electricity included february 2023. Core cpi also rose faster than anticipated, up 0.4% m/m.
Consumer Prices Rose 0.3%, More Than Expected;
Expectations are that inflation will continue to cool, enabling interest rate cuts in 2024.
According To The Government Data, The Consumer Price Index (Cpi) Inflation Rural Stood At 5.34% And The Cpi Urban Was At 4.92%.
Excluding food and energy, the key core inflation reading came in at 0.3% monthly and 3.6%.
Positive Rate Of Inflation In January, 2024 Is Primarily Due To Increase In Prices Of Food Articles, Machinery &Amp; Equipment, Other Manufacturing, Minerals, Other Transport Equipment Etc.
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Annual Rate At 3.1% Economy.
Next date of release for april 2024 cpi is 13 th may 2024 (monday).
The Consumer Price Index (Cpi) Rose By 4.1% Between January 2023 And January 2024, Down From An Annual Increase Of 4.6% In The 12 Months To December 2023.
January consumer price index (cpi) readings are always volatile, so this reading should be taken with a pinch of salt.
Over The Twelve Months To The March 2024 Quarter, The Cpi Rose 3.6%.