Wholesale inflation falls to 5.70 pc in March even as food prices heat up
April 17, 2017 13:08 ISTThe government also revised upwards the January inflation figure to 5.53 per cent from the provisional estimate of 5.25 per cent.
The government also revised upwards the January inflation figure to 5.53 per cent from the provisional estimate of 5.25 per cent.
Official data released by the government showed that the higher fuel costs drove up inflation to its highest level in five months.
Country’s annual rate of inflation based on wholesale prices rose to 39-month high of 6.55 per cent in February from 5.25 per cent in the previous month.
Post-demonetisation, the RBI on Friday warned of a possible spike in inflation and stressed the need to make digital payments "safe and secure", even as it felt that the adverse and transient impact on the
A top Japanese financial holding company has predicted that India’s wholesale price inflation (WPI), which surged to a 30-month high of 5.25 per cent in January, will continue to rise in the next three month.
Wholesale inflation shot up to a 30-month high of 5.25 per cent in January as rising global crude oil prices spiked domestic fuel cost, even as food prices moderated.
India's factory output rose 5.7 per cent in November compared to a contraction of 3.4 per cent in the same month a year ago, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before.
With subdued demand in the aftermath of demonetisation leading to softening of costs of vegetables and other kitchen staples, India’s wholesale inflation slipped for the third straight month to settle at 3.15 per cent for
ndia's annual retail inflation eased last month to 3.63 per cent from 4.20 per cent in October and 5.41 per cent reported during the corresponding period last year.
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India's annual rate of inflation based on wholesale prices fell marginally to 3.39 per cent for October from 3.57 per cent for the month before, even as prices of pulses and potatoes ruled high, official data showed on Tuesday.
With prices of chana dal and sugar continuing to rule high, Cabinet Secretary PK Sinha asked the Department of Consumer Affairs to consider all options to check their rates. State governments have been told
India’s retail inflation fell to 4.31 per cent in September mainly on account of easing vegetables prices. The retail inflation measured on Consumer Price Index (CPI) was at 5.05 per cent in August. It was
Country’s wholesale inflation soared to a two-year high of 3.74 per cent in August from 3.55 per cent in July.
Raghuram Rajan on Monday said the inflation projections are still at the upper limit of central bank’s target and policy rate can be cut only if inflation eases.
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Wholesale inflation shot up to 3.55 per cent for July from 1.62 per cent in the previous month, due to an 11.82 per cent jump in prices of food articles.
Prime Minister Narendra Modi on Monday said that the government had brought down the annual inflation rate to below 6 per cent and was now working with the Reserve Bank of India (RBI) to bring it to 4 per cent, the plus-minus 2 percentage points rang
The nation is celebrating its 70th Independence Day today with patriotic fervor and gaiety. Prime Minister Narendra Modi will address the nation after unfurling the tricolour from the ramparts of Red Fort at 7.30 this morning.
Moving towards a new regime, the central government today notified 4 per cent inflation target for the next five years, based on which the new interest rate setting panel would take its monetary policy decisions
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