PHDCCI statement – newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra

Inflation up by 2.75% as base revision takes effect but still below RBI 4% threshold: PHDCCI

Newsmantra — Fri, 13 Feb 2026 12:39:57 +0000

February 12, 2026: Consumer Price Index registered an increment from 1.33% for December, 2025 to 2.75% for January, 2026 (Provisional), as base is revised from 2012 to 2024 on the basis of Household Consumption Expenditure Survey 2023-24.

“Looking ahead, improved data quality and supply-side management is a win-win for industry and macroeconomic stability,” said Mr. Rajeev Juneja, President, PHDCCI in a press statement issued here today.

Inflation increased mainly due to price hikes in personal care, social protection and miscellaneous goods and services, Education services, and Clothing. Despite being the top contributor to inflation (weight: 36.75%), the Food and Beverages division saw an moderate inflation of 2.11%, he said.

He added, “The top 5 items that registered the highest inflation are Silver Jewellery, Tomato, Coconut: copra, Gold/Diamond/Platinum Jewellery, and Coconut oil, with Silver Jewellery topping the list with an increment of about 160%.”

Though CPI witnessed an increase in January, 2026, the inflation is well within the Target range for RBI threshold., he added.

“The provisional inflation rate of 2.75 % in January 2026 suggests stable consumer prices, a key driver for business planning, investment analysis, and household welfare. Transparent inflation measurement contributes to economic confidence and aids in monetary and fiscal policy formulation”, said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.

India’s Exports Grow 15.5% in November 2025, Trade Deficit Narrows: PHDCCI

Newsmantra — Tue, 16 Dec 2025 08:04:25 +0000

India’s Exports Register Double-Digit Growth (15.5%) in November 2025 (Y-o-Y), Trade Deficit Narrows: PHDCCI

India’s total exports recorded a robust double-digit growth of 15.5% (year on year) in November 2025, driven by strong performance in both merchandise and services sectors, leading to a significant reduction in the trade deficit, said Mr. Rajeev Juneja, President, PHDCCI, in a press statement issued today.

Merchandise exports surged 19.4% year-on-year, rising from USD 31.94 billion in November 2024 to USD 38.13 billion in November 2025. Similarly, services exports grew 11.68%, increasing from USD 32.11 billion to USD 35.86 billion over the same period, he said.

Mr. Juneja highlighted that the key drivers of merchandise export growth in November 2025 included iron ore (70%), cashew (57%), oil meals (40%), electronic goods (38%), and coffee (34%), among others. Despite global headwinds, India registered positive export growth with 14 out of its 20 major trading partners, reflecting increasing diversification and resilience in external trade.

Looking ahead, Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI, said that India’s exports are expected to continue on a resilient growth trajectory, supported by sustained government efforts to diversify export markets and enhance global competitiveness. He noted that the government’s Export Promotion Mission (EPM) and deeper engagement across regions including the US, EU, Gulf Cooperation Council (GCC), and Asia-Pacific will play a pivotal role in propelling India’s export growth.