New Delhi: Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein based items eased. The Consumer Price Index (CPI) based inflation was at 10.91 per cent in February. The inflation, however, continued to remain in the double digit terrain for the fourth consecutive month in March.
The prices in the vegetables basket eased to 12.16 per cent in March. It was 21.29 per cent in February. Inflation in protein-based items - egg, meat and fish - stood at 14.36 per cent during the month. In oils and fats segment, it stood at 11.72 per cent. Among all the constituents that make the CPI, cereals recorded the highest inflation of 17.55 per cent in March, according to data released on Friday.
Besides, inflation in pulses stood at 11.38 per cent and in sugar it was 11.65 per cent on an annual basis. The rate of price rise in clothing and footwear segment stood at 10.64 per cent during the month. In urban areas, retail inflation declined to 10.38 per cent in March from 10.84 per cent in the previous month. The CPI for rural population fell to 10.33 per cent during the month from 11.01 per cent in February.
The data for wholesale price index (WPI)-based inflation is expected on Monday. The WPI figures for February stood at 6.84 per cent, much higher than RBI's comfort level of 5-6 per cent. Meanwhile, industrial output growth in
11:41 AM, Apr 12, 2013
The industrial output (IIP) numbers for the month of February have come in better-than expected at 0.6 per cent against an expectation of a contraction. The bounce in the industrial output has come due to contribution from consumer goods sector, which turned positive for the first time in a year at 0.5 percent. Barring consumer goods, all other constituents of industrial output basket have declined. Mining sector, electricity and consumer...
11:32 AM, Apr 12, 2013
Retail inflation moved up for the fifth consecutive month to 10.91 per cent in February, remaining in the double-digit terrain for third month in a row, on account of higher prices of vegetables, edible oil, cereals and protein-based items. ...
11:40 AM, Mar 12, 2013
Rising for the second consecutive month, retail inflation surged 9.90 per cent in November driven mainly by rising prices of food items such as sugar, vegetables, edible oil and clothing. ...
01:36 PM, Dec 12, 2012
New Delhi: India's annual consumer price inflation picked up in August to 10.03 per cent, driven by a rise in food prices, government data showed on Tuesday. India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve Bank of India (RBI) calls its comfort level. RBI left interest rates unchanged on Monday...
11:50 AM, Sep 18, 2012
New Delhi: The annual consumer price inflation slowed slightly in June to 10.02 per cent, government data showed on Wednesday, but food prices accelerated as concerns rose about below-average monsoon rains. Despite the slight moderation in price rises last month, inflation remains "way above" comfort levels, central bank Governor Duvvuri Subbarao said on Monday. Food inflation in the CPI accelerated to 10.71 per cent in June from 10.66 per cent...
11:50 AM, Jul 18, 2012
New Delhi: India's consumer price inflation accelerated in April to 10.36 per cent, making life harder for the RBI as it looks to kickstart a flagging economy, government data showed on Friday. In March, consumer prices rose 9.47 per cent. Consumer price-based food inflation accelerated to 10.18 per cent in April from 8.22 per cent in February, driven by a rise in prices of vegetables, eggs and fish products. Inflation...
11:50 AM, May 18, 2012
New Delhi: Finance Minister Pranab Mukherjee said on Monday that inflation will fluctuate for a couple of months and will stabilise after that. "Couple of months there will be fluctuations (in inflation) ... So I do hope that after couple of months it will stabilise," he told reporters after chairing the RBI's Central Board Meeting. Mukherjee, however, added that inflation will not come down drastically to 4-4.5 per cent. "It...
05:32 PM, Mar 19, 2012
New Delhi: Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release in New Delhi on Monday. Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level. During the month,...
12:42 PM, Mar 19, 2012
