The rise in inflation could partly be attributed to the current spurt in tomato prices across India. The rise in tomato prices is reported across the country, and not just limited to a particular region or geography. In key cities, it rose to as high as Rs 150-160 per kg. Besides vegetables,
The FAO Food Price Index which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 122.3 points in June, down 1.4 per cent from May and 23.4 per cent from its peak in March 2022.
The decrease in wholesale inflation is mainly attributed to the decline in cereals, wheat, vegetables, potato, fruits, eggs meat and fish, oilseeds, minerals, crude petroleum and natural gas, and steel among others in May
China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a decline for an eighth consecutive month, Gulf Today reported citing the National Bureau of
Delhi NCR [India], June 10: The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation. While the current rate of 6.5 per cent is at its highest in four years and impacts affordable housing, the momentum gained by the realty sect
According to figures from the Pakistan Bureau of Statistics (PBS), consumer price index (CPI)-based inflation reached 36.4 per cent in April 2023 while rising 1.6 per cent month-over-month (MoM) in May.
According to figures from the Pakistan Bureau of Statistics (PBS), CPI-based inflation reached 36.4 per cent in April 2023 while rising 1.6 per cent month-over-month (MoM) in May.
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent