RBI Governor says expects October’s retail inflation reading to be ‘lower than 7%’ RBI Governor says expects October’s retail inflation reading to be ‘lower than 7%’ Reserve Bank Governor Shaktikanta Das on Saturday exuded confidence that India will continue to be the fastest growing major economy with a likely growth rate of 7% in 2022-23 […]
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What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? What are the local factors? How has it dented spending, particularly in rural India, which is facing more price pressures? The story so far:India’s economy grew at a slower-than-expected 13.5% in the first quarter of […]
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The rise in Britain’s consumer price inflation was above economists’ expectations in a Reuters poll for inflation to rise to 9.8% in July The rise in Britain’s consumer price inflation was above economists’ expectations in a Reuters poll for inflation to rise to 9.8% in July British consumer price inflation rose to 10.1% in July, […]
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Consumer price growth in the 19 countries sharing the euro currency accelerated to 8.9% in July from 8.6% a month earlier Consumer price growth in the 19 countries sharing the euro currency accelerated to 8.9% in July from 8.6% a month earlier Euro zone inflation rose to another record high in July and its peak […]
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The costs of gas, food and other necessities jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs The costs of gas, food and other necessities jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs The […]
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The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The European Central Bank said […]
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Tomato prices are beyond the government’s control but inflation on most items is lower in India than the rest of the world, Commerce, Industry, Food and Public Distribution Minister Piyush Goyal said on Friday. The government is monitoring prices on a daily basis, with a three-tier system of an inter-Ministerial group of officials, a Committee […]
Continue Reading.JPG "Rural food prices continued to surge in April")
Rising food prices spurred an increase by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday. An increase in the prices of rice, wheat-atta, jowar, bajra, ragi, vegetables and fruits contributed the bulk of […]
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