Showing posts with the label inflation india

Inflation up 3.05 percent in May and IIP growth up 3.4 percent in April 2019

Inflation up 3.05 percent in May and IIP growth up 3.4 percent in April 2019 The Consumer Price Index(CPI) Inflation in May 2019, increased to 3.05 percent, but IIP growth were up 3.4 percent in April this year. The Retail Inflation(CPI) was at 2.92 percent in the month of April. Retail Inflation in the month of May 2019, which is the highest in the last seven months. This is said to have risen due to higher Food prices. Earlier, the inflation for April 2019 was revised upwards to 2.99 percent from the 2.92 percent. However the inflation rate remains within 4 percent of the RBI Policy for the past ten months. India's average inflation were stands at 6.11 percent since the year 2012. Meat and Fish prices were increased to 8.12 percent and Vegetables at 5.46 percent in May 2019. Oil and Fat product prices were increased to 0.91 percent, but Fruits fell down to 5.17 percent during the same month. Housing inflation rose in May, but the cost of Clothing and Footwear declined. The Indust

Inflation India - Data - 10 Years (2008-2017)

Inflation India - Data - 10 Years (2008-2017)   ' Inflation ' - the word is much more concern anywhere in the world. As a part of the economy, the inflation decides the price of any good or services. It predominantly needs for the government with their production and correlated with the Gross Domestic production (GDP). In our country, the inflation has ups and downs and with an average of 6 - 7 % for the last few years. So, while we are planning for our Financial goals like Education, Retirement planning - it's so important to move for the future. Financial Goals are stick with the inflation and that is the reason for entering the stock market to reach our goals at good. Recently, the Reserve Bank of India (RBI) also keenly watching the inflation data or statistics according to Interest Rate cuts. The Bank interest also down in the recent, as inflation matters. Today's 100 rupee is not a worth it be in the next year or after 10 years. So, we just given the inflation da