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Retail inflation has eased slightly to 6.44% in February versus 6.52% in January. However, it remains above the upper end of the Reserve Bank of India's comfort zone. 

Retail inflation eases marginally to 6.44% in February 

Retail inflation has eased slightly to 6.44% in February versus 6.52% in January. However, it remains above the upper end of the Reserve Bank of India's comfort zone.&nbsp;

Consumer Price Index or retail inflation has come in at 6.44% for the month of February, which is higher than what economists were expecting. Although this number is marginally lower than January's 6.52%, it is still well above the upper end of Reserve Bank of India's target of 6%.&nbsp;
Food inflation came in at 5.95%, within foods it was cereals that saw the highest spike, coming in at 16.73%. Meanwhile prices in the fuel and light segment rose by 9.9%.&nbsp; Core inflation has remained above the 6% mark for over a year now.
RBI has been aggressively increasing the repo rate in an effort to curb inflation. Interest rates have been hiked by 250 basis points (2.5%) since May 2022. In the previous credit policy announcement, RBI governor Shaktikanta Das made it clear that further rate hikes could not be ruled out. The governor also said that inflationary pressures remained a concern and that the there would be no easing up in the fight against inflation.&nbsp;

India's size of the country's retail market is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021

Retail market projected to touch USD 2 trillion by 2032: Report

India's size of the country's retail market is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021 as per a joint report by Anarock property cosultants and retailers association of India.&nbsp;

The size of the country's retail market is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021, according to a joint report by Anarock and Retailers Association of India (RAI).
The report by property consultant Anarock and RAI said that real estate developers plan to add nearly 25 million square feet of new mall space across seven major cities over the next 4-5 years.
In 2022, these seven cities added over 2.6 million sq ft of mall space, up 27 per cent from the preceding year.
"The festive season, devoid of restrictions and any fear of the contagion, was exemplary with record high volumes and sales value," Anuj Kejriwal, CEO &amp; Managing Director - ANAROCK Retail, said.
Sales value estimated during the festive season in late 2022 was Rs 2.5 lakh crore, nearly 2.5 times compared to the previous year, he said.

retail inflation rate

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