India's Retail inflation, CPI, Eased To 5.09 Per Cent In February From 5.10 Per Cent In January 2024 WPI Dropped To 0.2 Per Cent In February From The Previous Month's 0.27 Per Cent In the First Quarter Of FY25, CPI Inflation Is Expected To Be 5 Per Cent RBI Ensures Retail Inflation Remains At 4 Per Cent With A Margin Of 2 Per Cent On Either Side Inflation: When There Is An Increase In The Price Level Of Products And Services Over A Period Of Time There Are Two Methods To Calculate: Consumer Price Index (CPI) And Wholesale Price Index (WPI) Consumer Price Index (CPI): It Tracks Fluctuations In Retail Costs Incurred By Consumers For Goods And Services Wholesale Price Index (WPI): Manufacturers And Companies Evaluate The Average Change In The Pricing Of Items At The Wholesale Level Factors For Inflation: Demand-Pull Inflation, Cost-Push Inflation, Supply Shocks, Monetary Policy, Fiscal Policy, And Exchange Rates Inflation Affects: Consumers, Businesses, The Government, And Investors The Rising Inflation Dampens The Purchasing Power Of Money, And Prompt Central Banks To Raise Interest Rates RBI Control Inflation By Adjusting Interest Rates And Govt By Using Fiscal Policies As Well As Trade Policies