Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that..."/>
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    <h1 class="cat-box-title">Is crude, edible oil inflation relief on the cards for India? -Roshan Kishore</h1>
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		 Published on</span><span class="text-date"> Jul 19, 2022</span>
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                            <p style="text-align:justify">-Hindustan Times</p><p style="text-align:justify"><em>The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months.</em></p><p style="text-align:justify">India&rsquo;s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6% mark &ndash; the upper limit of RBI&rsquo;s comfort band under the inflation targeting framework &ndash; for six consecutive months now. While most economists, including those in the Monetary Policy Committee (MPC) of RBI expect inflation to stay above this threshold for the rest of this calendar year, some relief could be on way via the two critical oils in India&rsquo;s CPI basket: crude petroleum oil and edible oils. While that could ease some pressure on the inflation front, the squeeze on household budgets may still remain.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html" title="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-Hindustan Times</p><p style="text-align:justify"><em>The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months.</em></p><p style="text-align:justify">India&rsquo;s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6% mark &ndash; the upper limit of RBI&rsquo;s comfort band under the inflation targeting framework &ndash; for six consecutive months now. While most economists, including those in the Monetary Policy Committee (MPC) of RBI expect inflation to stay above this threshold for the rest of this calendar year, some relief could be on way via the two critical oils in India&rsquo;s CPI basket: crude petroleum oil and edible oils. While that could ease some pressure on the inflation front, the squeeze on household budgets may still remain.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html" title="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html">click here</a> to read more.&nbsp;</p>                                                           
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The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that..."/>
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The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that..." />
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                            <p style="text-align:justify">-Hindustan Times</p><p style="text-align:justify"><em>The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months.</em></p><p style="text-align:justify">India&rsquo;s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6% mark &ndash; the upper limit of RBI&rsquo;s comfort band under the inflation targeting framework &ndash; for six consecutive months now. While most economists, including those in the Monetary Policy Committee (MPC) of RBI expect inflation to stay above this threshold for the rest of this calendar year, some relief could be on way via the two critical oils in India&rsquo;s CPI basket: crude petroleum oil and edible oils. While that could ease some pressure on the inflation front, the squeeze on household budgets may still remain.</p><p style="text-align:justify">Please <a href="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html" title="https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html">click here</a> to read more.&nbsp;</p>                                                           
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Home हिन्दी

Is crude, edible oil inflation relief on the cards for India? -Roshan Kishore

Published on Jul 19, 2022   Modified on Jul 19, 2022

-Hindustan Times The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months. India’s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6% mark – the upper limit of RBI’s comfort band under the inflation targeting framework – for six consecutive months now. While most economists, including those in the Monetary Policy Committee (MPC) of RBI expect inflation to stay above this threshold for the rest of this calendar year, some relief could be on way via the two critical oils in India’s CPI basket: crude petroleum oil and edible oils. While that could ease some pressure on the inflation front, the squeeze on household budgets may still remain. Please click here to read more.

Hindustan Times, 19 July, 2022, https://www.hindustantimes.com/india-news/is-crude-edible-oil-inflation-relief-on-the-cards-for-india-101658165938911.html

Tagged with: retail inflation Consumer Price Index Edible Oils Edible Oil Cooking oil Crude oil Inflation RBI

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