Tag Archive: annual inflation rate

Rising inflation a matter of concern: Pranab

New Delhi, Dec 14 (IANS) Finance Minister Pranab Mukherjee Monday said the rise in inflation, primarily due to increase in food prices, was a matter of concern.

‘This is a matter of concern. There is an inflationary pressure, particularly in food items,’ he told reporters.

India’s annual rate of inflation, based on wholesale prices, rose sharply to [...]

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India’s annual inflation rate in November rises 4.78 percent

New Delhi, Dec 14 (IANS) India’s annual rate of inflation, based on wholesale prices, rose sharply to 4.78 percent in November from 1.34 percent in the previous month, mainly on account of a 16.71 percent jump in prices of food articles.

The annual inflation rate was 8.48 percent during the like month last year.

Data on the [...]

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India’s food inflation jumps to 15.58 percent

New Delhi, Nov 26 (IANS) India’s annual food inflation based on the official wholesale price index jumped to 15.58 percent for the week ended Nov 14, as prices of potatoes more than doubled, while onion became dearer by 27 percent over the past 52 weeks.

The food inflation had stood at 14.55 percent for the week [...]

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India’s annual food inflation rises to 14.55 percent

New Delhi, Nov 19 (IANS) India’s annual food inflation, based on wholesale prices, moved up to 14.55 percent for the week ended Nov 7 from 13.68 percent the week before, official data released Thursday showed.

The 52-week average prices of onions were higher by 35 percent and potatoes became costlier by 30.7 percent, according to the [...]

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India’s annual inflation rate rises to 1.34 percent

New Delhi, Nov 14 (IANS) India’s annual rate of inflation, based on wholesale prices, rose sharply to 1.34 percent in October from 0.5 percent in the previous month, mainly on account of a 13.32 percent jump in prices of food articles.

Data on the official wholesale price index released Saturday showed that over the past year, [...]

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Food prices jumped 13.32 percent in October

New Delhi, Nov 14 (IANS) India’s annual rate of inflation, based on wholesale prices, rose sharply to 1.34 percent in October from 0.5 percent in the previous month, mainly on account of a 13.32 percent jump in prices of food articles.

Data on the official wholesale price index released Saturday showed that over the past year, [...]

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India’s annual food inflation rises to 13.7 percent

New Delhi, Nov 12 (IANS) India’s annual food inflation, based on wholesale prices, moved up to 13.68 percent for the week ended Oct 31 from 13.39 percent for the week before, as per official data released Thursday.

The 52-week average prices of onions were higher by as much as 33.4 percent and potatoes became costlier by [...]

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Vegetable prices may start easing by January: Montek

New Delhi, Nov 8 (IANS) Planning Commission Deputy Chairperson Montek Singh Ahluwalia Sunday said he expected vegetable prices to ease by January.

‘At the end of a bad monsoon, the big pressure is on vegetables. I hope the pressure will come down by the end of this fiscal year,’ Ahluwalia said at the World Economic Forum’s [...]

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India’s annual food price inflation up over 13 percent

New Delhi, Nov 5 (IANS) Based on the new guidelines on disclosing the official wholesale price index, India’s annual rate of inflation based for primary articles and fuels stood unaltered at minus 6.2 percent for the week ended Oct 24, official data showed Thursday.

The annual inflation rate for food articles was sharply higher at 13.39 [...]

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Highlights of central bank’s monetary policy review

Mumbai, Oct 27 (IANS) Following are the highlights of the half-yearly review of India’s monetary policy for 2009-10, conducted by Reserve Bank Governor D. Subbarao:

- Statutory liquidity ratio hiked to 25 percent from 24 percent

- Bank rate left unchanged at 6 percent

- Repurchase rate left unchanged at 4.75 percent

- Reverse repurchase rate left unchanged 3.25 [...]

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India’s central bank raises inflation projections

Mumbai, Oct 27 (IANS) India’s central bank has retained its growth projection for the country’s economy at 6 percent for the current fiscal but significantly raised its expectations on the annual inflation rate to 6.5 percent by the end of March.

‘The baseline projection for gross domestic product (GDP) growth for 2009-10 is placed at 6 [...]

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