India's retail inflation rate based on Consumer Price Index declined to 5.88 per cent in November from 6.77 per cent during the previous month, according to data released on Monday by the ministry of statistics.
In order to switch to organic fertilisers, Sri Lanka yet again relied on a Chinese company, only to get deceived in the end as the organic fertilizer supplied could not pass the two rounds of the National Plant Quarantine Services (NPQS) test due to high contamination.
The committee held a meeting under the chairmanship of Qasier Ahmed Sheikh. Members of the National Assembly from PML-N have expressed concerns over the continuous increase in inflation rate and higher dollar value.
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Shimla (Himachal Pradesh) [India], October 23 (ANI): The high inflation rates make this Diwali a moderate one for the shopkeepers in the Shimla district of Himachal Pradesh. Markets in Shimla are facing problems in selling crackers as fewer people visit the market, and shopkeepers blame infl
New Delhi [India], October 15 (ANI): The Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the brand name 'Amul' increased the prices of full cream milk and buffalo milk by Rs 2 per litre across all the states except Gujarat, said officials on S
New Delhi [India], October 14 (ANI): Experts say with retail inflation above the central bank's comfort zone, rate hikes would continue while wholesale price index (WPI) inflation is expected to ease to a single-digit number from October. The experts also said the drivers of inflation seem t
New Delhi [India], October 13 (ANI): The US annual inflation rate slowed for the third consecutive month to 8.2 per cent in September 2022, which is the lowest in seven months, as compared to 8.3% in August but above market forecasts of 8.1 per cent, according to the Bureau of Labor Statisti
New Delhi [India], October 6 (ANI/ATK): As yet another blow of the bearish cycle hits the market, the prices of most top-performing cryptocurrencies like Ripple (XRP), Litecoin (LTC), and others are descending. In the meantime, MetaCryp (MTCR) comes forth as a new Metaverse gaming project. T
New Delhi [India], September 13 (ANI): Faced with elevated retail inflation in August, the Reserve Bank of India is expected to raise interest rates in the range of 35-50 basis points in its next monetary policy committee meeting, said SBI Research.
Islamabad [Pakistan], September 3 (ANI): The Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) rose steeply in the previous week climbing to a record 45.5 per cent year-on-year in September, the highest level in a decade.
Colombo [Sri Lanka], August 30 (ANI): The economic situation has continued to deteriorate in Sri Lanka, with the headline inflation rate spiking to another record high in July, World Food Programme (WFP) said on Tuesday.