Monetary Policy
In the Fifth Bi-monthly Monetary Policy for FY2024-25, the MPC decided to maintain status quo on policy rates and stance. Consequently, key policy rates stand unchanged: Repo rate at 6.50%, Standing Deposit Facility rate at 6.25% and Marginal Standing Facility and Bank rate at 6.75%.
|
|
--------------------------------------------------
|
|
Consumer Price Index
The Consumer Price Index (Combined) inflation for December 2024 printed lower at 5.2%, as compared to the previous reading of 5.5%.
|
|
--------------------------------------------------
|
|
Wholesale Price Index
WPI inflation printed higher at 2.4% in December 2024 as compared to 1.9% in the earlier month, on an annual basis.
|
|
--------------------------------------------------
|
|
Index of Industrial Production
IIP growth for November 2024 printed at 5.2%, higher than the revised reading of 3.7% for October 2024, on a year-on-year basis.
|
|
--------------------------------------------------
|
|