ď»żâ€śSakhi saiyan to khub hi kamat hai…..mehngai daayan maare jaat hai….â€ť goes a number from a popular bollywood flick and rightly so atleast for RBI. Since the last 15 months or so…RBI has been trying to battle the rising inflation by raising ratesÂ (What are policy rates?) eight times since March last year. However inflation, now [...]
Posts Tagged ‘india inflation’
Well some say that the Indian equityÂ markets are all set to becomeÂ mother of all the bull markets and from here there is no looking back. While others say that we are currently in a kind of over bought zone and a correction of at least 200-300 points in the Nifty index is definitely warranted. While, [...]
Indiaâ€™s WPI inflation rose by 4.78% y-o-y in November compared to1.34% in October.Â 4.20%. It was more than the Bloomberg consensus street expectations of around 4.2%. This was mainly on account of higher manufactured product prices which has a weight of around 63% on the index. This I believe is a clear signal of
Almost halfway into the 3rd quarter and well into the busy season, the economy is well set to make a comeback with projected growth of 6% upwards. With markets again close to the pre-crisis levels and major sectors looking up, it is only a question of time when we are able to leave the recession [...]
The Cabinet Committee on Economic Affairs has given its approval on the much needed & awaited revamp of the WPI WPI taken to be a major indicator of Inflation in India Â will now be calculated on a monthly rather than a weekly basis This change in the periodicity was based on the recommendation of a [...]
Indian inflation measure WPI showed prices rose by 1.51% for the weekending October 17, 2009 over corresponding week last year. The rise was less than analystâ€™s expectation of 1.59%. Rise in index last year during this week was 10.58%.
As compared to last week the benchmark measure remained unchanged whereas compared to week ending September 19, WPI declined by 0.45%.
Wholesale Price Index (WPI) crept up by 1.21% over last year for the week ending October 10, 2009. After remaining in the negative territory for 3 months from June-Augustâ€™09, benchmark inflation index registered a growth of more than 1% for the first time after Mayâ€™09.