Posts tagged inflation
India Inflation : WPI March 2010
- The WPI for the month of January stood at 9.90% against 1.20% in the corresponding month of the last year. The same figure posted 9.89% in the previous month. The figure released was below market expectationswhich was pegged at around 10.37%
- The figure registered increased at the fastest pace in 17 More >
Eleven Basis Points to Go…!!
You must be wondering what this 11 basis points refer to. Its actually the number of basis points India’s Wholesale price index needs to cross the RBI’s threshold mark of 10%.
The wholesale price index (WPI) jumped 9.89 % in February 2010. compared to a rise of 8.56% in January 2010. More >
Inflation After Effects
India’s WPI inflation rose by 4.78% y-o-y in November compared to1.34% in October. 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 More >
Inflation: Managing the necessary evil
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 More >
INFLATION: Change, but not yet wholesale
- 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 will now be calculated on a monthly rather than a weekly basis
- This change in the periodicity was based on the More >
USD-INR Choppy and Uncertain
Markets continue to be volatile on the back of mixed trade signals both from the external and domestic economy. While the longer term outlook of India’s growth story and an appreciating Indian rupee remain intact, markets are probably taking a breather before resuming the ongoing trend.
Over the past month the More >
Inflation at 1.51%
Inflation for week ending October 17 at 1.51%
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 analyst’s expectation of 1.59%. Rise in index last year during this week was 10.58%.
As compared to last week More >
Monetary Policy and Credit Policy
The Reserve Bank of India announced its second quarter review of monetary/credit policy. Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of More >
India Inflation Up 1.21%
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-August’09, benchmark inflation index registered a growth of more than 1% for the first time after May’09.
Rise in inflation is mainly led More >
