×
222
Fashion Jobs
TRANSASIA BIO-MEDICALS LTD.
Area Sales Manager - Pune / Sangli / Nanded
Permanent · Pune
TATA AIA LIFE INSURANCE
Openings For Area Sales Manager – Dbs Lvb
Permanent · Chennai
OMSOM GROUP
Looking For Production Manager From Rice Processing Plant - Vashi
Permanent · Navi Mumbai
ALUDECOR LAMINATION PVT LTD
Area Sales Manager(Projects)- Kolkata
Permanent · Kolkata
INCREDIBLE TECHNOLOGIES PRIVATE LIMITED
Opening For Area Sales Manager at Bangalore
Permanent · Pune
MEDLEY PHARMACEUTICALS LTD
Medley - Regional Sales Manager - Pune - Cardio And Diabetic
Permanent · Pune
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Chennai
Permanent · Chennai
SALASAR BALAJI INDUSTRIES
Area Sales Manager
Permanent · Guwahati
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager
Permanent · Pune
INDUSIND BANK LIMITED
Area Sales Manager - Home Loan @ Indusind Bank
Permanent · Kolkata
NAVIN FLUORINE INTERNATIONAL LIMITED
Opening For dy. Manager - hf Production at Nfil, Surat
Permanent · Surat
NATIONAL PLASTIC INDUSTRIES LTD
Opening For Area Sales Manager
Permanent · Mumbai
DAMYAA (P.J) FOODS PRIVATE LIMITED
Area Sales Manager - Jabalpur & Chhattisgarh
Permanent · Bhopal
M/S. D2C INSURANCE BROKING PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
XOTIK FRUJUS PVT. LTD.
Area Sales Manager (gt)-Mumbai
Permanent · Mumbai
EXPONENT JOBS
Production Manager (Non Veg - Sausage), Location- Angola (Africa)
Permanent · Angola
SQUARE YARDS CONSULTING PRIVATE LIMITED
Hiring - Area Sales Manager/Business Development Manager
Permanent · Pune
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Maharashtra
Permanent · Pune
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Area Sales Executive/Area Sales Manager
Permanent · Surat
MEDLEY PHARMACEUTICALS LTD
District Sales Manager - Calicut
Permanent · Kozhikode
ROHIT EXTRACTIONS PRIVATE LIMITED
Area Sales Manager / Technical Sales Manager For (Aqua Feed) Gujarat
Permanent · Ahmedabad
FIBERNET SOLUTIONS OPC PVT LTD
Area Sales Manager
Permanent · Bhopal
By
Reuters API
Published
Mar 10, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

India's retail inflation probably rose in February

By
Reuters API
Published
Mar 10, 2021

India's retail inflation probabably rose in February as food and fuel prices went up remained within the Reserve Bank of India's target range for a third straight month, a Reuters poll predicted.


Reuters


The March 5-9 poll of over 50 economists showed retail inflation climbed to 4.83% in February from January's 4.06%.

"We think inflation will have rebounded in February, to 4.8%. The increase in domestic fuel prices last month suggest that transport inflation will have accelerated," said Shilan Shah, India economist at Capital Economics. "What's more, retail food price data point to a significant rebound in food inflation."

No contributor expected retail inflation to rise above the RBI's upper limit of 6.0%, even though Brent crude oil prices have reached highs not seen since the pandemic began.
Forecasts ranged between 3.80% and 5.40%.

The minutes of the RBI Monetary Policy Committee's February meeting showed members raised concerns about upside risks to inflation, but the bank kept its repo rate at a record low 4.0%, saying it would ensure ample liquidity.

But despite that liquidity assurance Indian bond yields have surged, mirroring global yields as inflation expectations rise on an improved outlook for the global recovery.

India's economy returned to growth last quarter after contracting in the first two quarters of this fiscal year.

"While MPC members did highlight some inflationary risks, the RBI has been very clear that its major focus continues to be managing the yield curve as well as keeping monetary policy accommodative to support growth," said Sakshi Gupta, senior economist at HDFC Bank.

Inflation within its target band would allow the RBI to tackle rising bond yields and maintain a supportive growth environment.

The poll predicted industrial output rose 0.9% in January on strong manufacturing production and high demand.

Infrastructure output rose 0.1% in January from a year earlier, according to government data.

© Thomson Reuters 2021 All rights reserved.