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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 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
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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                            <p style="text-align:justify">-BusinessToday.in</p><p style="text-align:justify"><em>The July retail inflation level is in consonance with the projection and expectations of economists.</em></p><p style="text-align:justify">India&rsquo;s retail inflation moderated to <a href="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf" title="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf">6.71 per cent in the month of July</a>, the retail inflation is July has come down from <a href="/upload/files/CPI%20Press%20Release%20June%202022.pdf" title="/upload/files/CPI%20Press%20Release%20June%202022.pdf">7.01 per cent in the month of June</a>. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July, a five-month low, from 7.01 per cent in June. The July retail inflation level is in consonance with the projection and expectations of economists.</p><p style="text-align:justify">&ldquo;CPI headline inflation for July has moderated in line with our expectations led largely by food inflation while the core inflation remains elevated and sticky. The coming few readings are expected to be a tad above 7 per cent with inflation likely to hover above RBIs upper threshold limit of 6 per cent until January 2023. We expect Repo rate at 6 per cent by end of 2022 followed by a pause and a shift to neutral policy stance,&rdquo; Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said.</p><p style="text-align:justify">At 6.71 per cent, July CPI inflation would be above the Reserve Bank of India&#39;s (RBI) medium-term target of 4 per cent for the 34th straight month and outside the central bank&#39;s 2-6 per cent tolerance range for the seventh consecutive month. Separately, India&rsquo;s factory output, measured through the Index of Industrial Production (IIP), witnessed a growth of 12.3 per cent in June, two separate data released by the Ministry of Statistics &amp; Programme Implementation (MoSPI) showed on Friday.</p><p style="text-align:justify">Please <a href="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12" title="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-BusinessToday.in</p><p style="text-align:justify"><em>The July retail inflation level is in consonance with the projection and expectations of economists.</em></p><p style="text-align:justify">India&rsquo;s retail inflation moderated to <a href="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf" title="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf">6.71 per cent in the month of July</a>, the retail inflation is July has come down from <a href="/upload/files/CPI%20Press%20Release%20June%202022.pdf" title="/upload/files/CPI%20Press%20Release%20June%202022.pdf">7.01 per cent in the month of June</a>. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July, a five-month low, from 7.01 per cent in June. The July retail inflation level is in consonance with the projection and expectations of economists.</p><p style="text-align:justify">&ldquo;CPI headline inflation for July has moderated in line with our expectations led largely by food inflation while the core inflation remains elevated and sticky. The coming few readings are expected to be a tad above 7 per cent with inflation likely to hover above RBIs upper threshold limit of 6 per cent until January 2023. We expect Repo rate at 6 per cent by end of 2022 followed by a pause and a shift to neutral policy stance,&rdquo; Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said.</p><p style="text-align:justify">At 6.71 per cent, July CPI inflation would be above the Reserve Bank of India&#39;s (RBI) medium-term target of 4 per cent for the 34th straight month and outside the central bank&#39;s 2-6 per cent tolerance range for the seventh consecutive month. Separately, India&rsquo;s factory output, measured through the Index of Industrial Production (IIP), witnessed a growth of 12.3 per cent in June, two separate data released by the Ministry of Statistics &amp; Programme Implementation (MoSPI) showed on Friday.</p><p style="text-align:justify">Please <a href="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12" title="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12">click here</a> to read more.&nbsp;</p>                                                           
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The July retail inflation level is in consonance with the projection and expectations of economists.

India&rsquo;s retail inflation moderated to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in..."/>
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The July retail inflation level is in consonance with the projection and expectations of economists.

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    <h1 class="cat-box-title">Retail inflation softens to 6.71% in July, lowest since March; here's what economists say</h1>
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                            <p style="text-align:justify">-BusinessToday.in</p><p style="text-align:justify"><em>The July retail inflation level is in consonance with the projection and expectations of economists.</em></p><p style="text-align:justify">India&rsquo;s retail inflation moderated to <a href="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf" title="https://im4change.org/upload/files/CPI%20Press%20Release%20July%202022.pdf">6.71 per cent in the month of July</a>, the retail inflation is July has come down from <a href="/upload/files/CPI%20Press%20Release%20June%202022.pdf" title="/upload/files/CPI%20Press%20Release%20June%202022.pdf">7.01 per cent in the month of June</a>. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July, a five-month low, from 7.01 per cent in June. The July retail inflation level is in consonance with the projection and expectations of economists.</p><p style="text-align:justify">&ldquo;CPI headline inflation for July has moderated in line with our expectations led largely by food inflation while the core inflation remains elevated and sticky. The coming few readings are expected to be a tad above 7 per cent with inflation likely to hover above RBIs upper threshold limit of 6 per cent until January 2023. We expect Repo rate at 6 per cent by end of 2022 followed by a pause and a shift to neutral policy stance,&rdquo; Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said.</p><p style="text-align:justify">At 6.71 per cent, July CPI inflation would be above the Reserve Bank of India&#39;s (RBI) medium-term target of 4 per cent for the 34th straight month and outside the central bank&#39;s 2-6 per cent tolerance range for the seventh consecutive month. Separately, India&rsquo;s factory output, measured through the Index of Industrial Production (IIP), witnessed a growth of 12.3 per cent in June, two separate data released by the Ministry of Statistics &amp; Programme Implementation (MoSPI) showed on Friday.</p><p style="text-align:justify">Please <a href="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12" title="https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12">click here</a> to read more.&nbsp;</p>                                                           
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Retail inflation softens to 6.71% in July, lowest since March; here's what economists say

Published on Aug 12, 2022   Modified on Aug 13, 2022

-BusinessToday.in The July retail inflation level is in consonance with the projection and expectations of economists. India’s retail inflation moderated to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in the month of June. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July, a five-month low, from 7.01 per cent in June. The July retail inflation level is in consonance with the projection and expectations of economists. “CPI headline inflation for July has moderated in line with our expectations led largely by food inflation while the core inflation remains elevated and sticky. The coming few readings are expected to be a tad above 7 per cent with inflation likely to hover above RBIs upper threshold limit of 6 per cent until January 2023. We expect Repo rate at 6 per cent by end of 2022 followed by a pause and a shift to neutral policy stance,” Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank said. At 6.71 per cent, July CPI inflation would be above the Reserve Bank of India's (RBI) medium-term target of 4 per cent for the 34th straight month and outside the central bank's 2-6 per cent tolerance range for the seventh consecutive month. Separately, India’s factory output, measured through the Index of Industrial Production (IIP), witnessed a growth of 12.3 per cent in June, two separate data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed on Friday. Please click here to read more.

BusinessToday.in, 12 August, 2022, https://www.businesstoday.in/latest/economy/story/retail-inflation-softens-to-671-in-july-lowest-since-march-heres-what-economists-say-344577-2022-08-12

Tagged with: retail inflation Consumer Price Index Food Inflation

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