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Constantly updated news & information on inflation trend in India.


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Last Updated: 2009-11-19T16:05:29+05:30
India's annual food inflation, based on wholesale prices, increased to 14.55 percent for the week ending November 7 from 13.68 percent the week before, official data showed.
The 52-week average rates of onions were higher by 35 percent and potatoes became dearer by 30.7 percent, as per the data on ...

Last Updated: 2009-11-12T13:38:32+05:30
India's annual food inflation, based on wholesale prices, has risen to 13.68% for the week ended Oct 31 from the 13.39% which was registered during the week before.
 
The 52-week average prices of onions were higher by as much as 33.4% and potatoes became dearer by 27.9%.
 
The ...

Last Updated: 2009-11-06T17:45:37+05:30
The Commerce Ministry plans to unveil a new price index taking the base year as 2004-2005. As for the Wholesale Price Index (WPI) for October, the base year will be according to the old base year of 1993-1994.
 
“We will have WPI with 2004-2005 as the base year soon. We have already ...

Last Updated: 2009-10-29T13:05:37+05:30
Annual inflation rate of India which is based on wholesale prices has risen to 1.51% for the week ended Oct 17. The WPI inflation rate had been registered at 1.21% last week.
 
The official Wholesale Price Index (WPI) for the week ended Oct 17 remained unchanged at its previous week's level ...

Last Updated: 2009-10-19T15:08:15+05:30
The proposal for releasing inflation data on a monthly basis has been approved by the government. Union Commerce Minister Anand Sharma, while addressing the media after the Cabinet Committee on Economic Affairs meeting, which approved the proposal, mentioned that this will be implemented ...

Last Updated: 2009-10-15T13:06:08+05:30
India's annual rate of inflation based on wholesale prices rose marginally to 0.92% for the week ended Oct 3 from 0.7% for the corresponding period last year
 
The official wholesale price index, as per the latest data, declined 0.5% during the week ended Oct 3 due to a fall of 1.4% in the ...

Last Updated: 2009-09-17T15:44:34+05:30
After 13 consecutive weeks of being in negative, the annual inflation rate of India has turned positive at 0.12% for the week ended September 5. This is a 0.24% increase from the -0.12% which was recorded for the previous week.
 
Te inflation rate started turning negative with week ended ...

Last Updated: 2009-09-10T15:43:42+05:30
The inflation for the week which ended on Aug 29 has risen marginally to touch minus 0.12% from minus 0.21% in the previous week. This rise in inflation comes after the cost of food as well as other household items witnessed a surge.
 
The wholesale price index (WPI)-based inflation has ...

Last Updated: 2009-08-01T08:45:40+05:30
The Eurozone consisting of 16 nations has fallen down into deflation during July which has been presented in the data that was released on Friday. The European Central Bank is now facing a fresh challenge as it attempts to spur growth in the currency bloc's economy.
 
According to Eurostat ...

Last Updated: 2009-07-16T14:31:07+05:30
The annual rate of inflation of India rose marginally to -1.21% for the week ended July 4, from -1.55% the week before. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.
 
The ...

Last Updated: 2009-07-09T13:07:12+05:30
Annual inflation rate of India has dropped to - 1.55% for the week ended June 27, from -1.30% the week before, according to official data released here on Thursday.
India's annual rate of inflation turned negative for the week ended June 6, for the first time since the new wholesale price index ...

Last Updated: 2009-07-02T12:32:33+05:30
India's annual rate of inflation fell to 1-.30% for the week ending June 20, according to the official data which was released in New Delhi on Thursday.


The rate of inflation for the week ended June 13 was at -1.14%. 


The index for primary articles rose 0.5%, while that for fuel and ...

Last Updated: 2009-06-25T13:00:25+05:30
A marginal rise by 0.6 percent has been witnessed in the annual inflation rate of India for the week ended June 13. This information was released on 25th June, 2009, by the concerned officials.
 
The rate of inflation for the week ended June 13 had stood at - 1.14 percent which is actually ...

Last Updated: 2009-06-18T15:46:18+05:30
For the first time since the new wholesale price index (WPI) series started in 1995, India's annual rate of inflation has turned negative, falling to minus 1.61 percent for the week ended June 6, leading to fears that this would lead to hoarding of food articles.
The inflation rate, which was 0.13 ...

Last Updated: 2009-06-15T12:43:40+05:30
Rich countries have taken a step towards an attempt to rescue their economies. Group of 8 finance ministers met at Lecce, Italy during weekend. They described their economies positively since the debacle of Lehman Brothers last year. The Lehman Brothers’ collapse brought in the world’s ...

Last Updated: 2009-03-27T13:33:46+05:30

Based on the wholesale price index the annual rate of inflation declined further, hitting a 30-year low at 0.27 percent (provisional) for the week ended 14 March. When compared with Inflation that was 0.44 percent during the week ended March 7, the decline seemed to be of 0.17 percentage point, ...

Last Updated: 2009-02-12T16:24:47+05:30
The annual inflation rate of India slipped further to 4.39 percent during the week ended January 31. There has been a decline of 0.68 percent from 5.07 percent for the week before. During the corresponding week of the previous year, India's inflation rate was 4.74 percent. This means that country ...

Last Updated: 2009-01-15T15:36:32+05:30
India's annual rate of inflation maintained it downward trend and fell further to 5.24 percent for the week ended January 3. The country experienced a decline of 0.67 percent from 5.91 percent the week before. The decline in inflation occurred primarily due to the fall in the prices of food ...

Last Updated: 2008-12-26T16:30:04+05:30
Here is a good news for everyone. The annual inflation rate of India has further slipped down to 6.61 percent for the week ended December 13 as compared to 6.84 percent the week before. The wholesale price index (WPI) for all commodities declined 0.2 percent to 230.7 (provisional) from 231.1 ...

Last Updated: 2008-07-29T16:51:49+05:30
Reserve Bank of India in order to lower down inflation rate has hiked repo rate by 50 bps and CRR by 25 bps. These are short term measures to curve inflation. Earlier, in last month RBI had hiked repo rate by 50 basis points to 8.5 per cent. Inflation has been a big issue for RBI and government of ...

Last Updated: 2008-06-13T17:37:23+05:30
HDFC Bank chief economist Abheek Barua has said that inflation may go high up to 9 percent and can break the record of thirteen years. He said that surging food and fuel prices have further pushed up inflation to 8.75 per cent for the week ended May 31 from 8.24 per cent in the previous week, its ...

Last Updated: 2008-06-12T11:35:29+05:30
The Reserve Bank of India (RBI) raised its repo rate by 0.25 percent on Wednesday from 7.75 percent to 8 percent. The RBI hiked it short term lending rate, a move that is likely to force banks to increase interest rates and help check inflation. The RBI officials also claimed that the decision has ...

Last Updated: 2008-06-03T15:04:58+05:30
The annual inflation rate of India is already near the 9% mark, close to a 13 year high. A rate of 9 percent would be the highest inflation in India since 1995. Economist suggest that since price pressures are largely beyond its control, the central bank will maintain a measured response to fight ...

Last Updated: 2008-04-21T13:05:58+05:30
The Reserve Bank of India has proclaimed a sudden 50-basis-point raise in the banks\' reserve requirements, in order to bring the inflationary conditions prevailing in the country under control from near three-year peaks. The experts in India have not ruled out the possibility of further measures ...

Last Updated: 2008-04-18T18:35:25+05:30
The Reserve Bank of India has hiked the Cash Reserve Ratio by 0.5%, from 7.5% to 8%. The hike will be effective from April 26 and May 10, with 0.25% increase in each phase. The main reason for the increase in CRR is cited as inflation which has risen to over seven percent, though it has come down ...

Last Updated: 2008-04-17T17:48:00+05:30
Inflation in India dipped from a three-year peak in the start of April, but expects state that inflation rate in the country will remain pegged above the seven (7) per cent mark in the approaching weeks. They further add that the persisting situations could trigger the central bank of India to ...

Last Updated: 2008-04-14T13:57:01+05:30
Get ready to shell out more for that tasty burger or that yummy pizza at your favourite fast-food joint from now on. Major multinational fast-food chains are hiking their prices across all the markets, given 60-70% rise in the costs of the key ingredients such as flour, cheese and sauce over the ...

Last Updated: 2008-04-13T12:19:21+05:30
To check the high inflation rate, the Reserve Bank Of India (RBI) is planning to increase the interest rates. Recently the inflation rate touched 7.41% in the week that ended in March 29, the highest in the past three years. The prices of essential commodities like vegetables, fruits and pulses are ...

Last Updated: 2008-04-13T12:08:45+05:30
Speaking at the meeting of the International Monetary and Financial Committees on Saturday, Finance Minister P Chidambaram remarked that India has been able to contain inflationary expectations. Inflation soared to a high of 7.41 percent, the highest in past forty months according to the latest ...






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