9911796707
TMI BlogInflation up at over 3-year high of 7.41 pcX X X X Extracts X X X X X X X X Extracts X X X X ..... Inflation up at over 3-year high of 7.41 pc X X X X Extracts X X X X X X X X Extracts X X X X ..... in the previous week, surged this time mainly on account of rising prices of fruits and vegetables, pulses, cereals, condiment and spices and some manufactured items. Inflation soared despite high base of 5.94 per cent in the corresponding week a year ago, belying market expectations in the range of 7.05 per cent. The high inflation may prompt RBI to take tough monetary measures to ease out inf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lationary pressure in its annual credit policy, scheduled to be announced on April 29. Yesterday, Prime Minister Manmohan Singh had even stated that high food prices may hurt economic growth and economic reforms process. During the week, prices of fruits and vegetables shot up by 3 per cent, pulses went up by 1.2 per cent, condiments and spices by 2 per cent, wheat and fish marine each rose by 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per cent. However, prices of milk and maize softened by 1 per cent, at the same time, minerals group was up mainly driven by prices of limestone which jumped 14 per cent and steatite also moved by 2 per cent. In the manufactured category, sugar prices went expensive by 2 per cent, groundnut oil and khandsari were dearer by 1 per cent. However, prices of imported edible oil got cheaper by 5 per c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent and sun-flower oil by 3 per cent. PTI X X X X Extracts X X X X X X X X Extracts X X X X
|
