Inflation Warning
A sharp rise in wholesale inflation ~ to 9.68 per cent in May ~ is more than a statistical development; it is an early warning of stress building beneath the surface of the economy.
A sharp rise in wholesale inflation ~ to 9.68 per cent in May ~ is more than a statistical development; it is an early warning of stress building beneath the surface of the economy.
The wholesale food inflation was at of 4.49 per cent in May compared to 3.11 per cent in April.
At the rate that eggs are being chucked around these days, “deem” or “anda” sellers are not complaining.
Economists and market participants are closely tracking RBI's latest projections on inflation, growth and crude oil prices as the central bank unveils its policy verdict.
Repeated hikes in CNG, petrol and diesel prices across metro cities are expected to increase commuting and logistics costs, adding fresh pressure on consumers and transport operators.
To give common people some respite from sky-rocketing prices of essential commodities in the face of extreme heat, particularly vegetables
The Wholesale Price Index (WPI)-based inflation of the country rose to 2.61 per cent in May, marking a 15-month high, the government said on Friday.
The vegetarian thali has become dearer by 9% to Rs 27.8 in May due to costlier vegetables marking a surge from Rs 25.5 same month last year, according to ratings agency CRISIL.
The AAP leader said prior to the 2014 elections, the BJP sought votes in the country making inflation its biggest issue and gave the slogan ‘Bahut hui mehangai ki maar, Abki baar Modi Sarkar’ (Enough of inflation, this time it’s the Modi government).
The report, released on Thursday, also said that going forward robust foreign inflows and comfortable trade deficits are expected to keep the rupee within a comfortable range.
