FreeCurrencyRates.com

इंडियन आवाज़     06 Dec 2019 11:22:13      انڈین آواز
Ad

Retail inflation rises to 4.88% in November

food-inflation

AMN / NEW DELHI

Retail inflation has risen to 4.88 per cent in November this year on account of costlier fuel, vegetables and eggs. According to the Ministry of Statistics and Programme Implementation, the inflation, based on Consumer Price Index (CPI), was at 3.58 per cent in October. It was 3.63 per cent in November last year.

Inflation in eggs shot to 7.95 per cent in November on annual basis, as against 0.69 per cent in the previous month.In the fuel and light segment, it was 7.92 per cent, as against 6.36 in October.

For vegetables it was 22.48 per cent in November. The inflation in the segment was a only 7.47 per cent in October.

However, in the pulses segment the print continued to show disinflationary trend as it contracted by 23.53 per cent on annual basis.On overall basis, the inflation in the food segment increased to 4.42 per cent in November as compared to 1.9 per cent in the preceding month.

Food inflation remained volatile with prices falling in September and firming up in October, as eggs, vegetables and fruits became relatively more expensive.

Consumer vegetable inflation came in at 6.89 percent in November, while prices of pulses continued to fall -23 percent.

Fuel and light inflation, which has seen an uptick in July, grew 2.04 percent in November, as compared with 6.36 percent in October.

Housing inflation nearly grew 7.36 percent in November from 6.68 percent in October.

Last week, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) forecasted that retail inflation will hover around the range 4.3 to 4.7 percent in quarter ended December and March, higher than the previous projection of 4.2-4.6 percent.

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad

SPORTS

Indian athletes continue their winning streak at 13th SAG

Indian athletes excelled at 13th South Asian Games in Nepal and grabbed 48 medals comprising 24 golds, 18 silv ...

Table Tennis; X-factors bring bounty for Delhi and Maharashtra

Jammu If Payas Jain was the X-factor in helping Delhi win both the Junior Boys and Youth Boys titles, it wa ...

Football Hero I League: New-look Indian Arrows to face Gokulam Kerala

HSB / Goa In a proverbial David versus Goliath match-up at the Tilak Maidan in Goa, All India Football Fede ...

ART & CULTURE

Sanskrit Bharati Vishwa Sammelan begins

AMN Sanskrit Bharati Vishwa Sammelan, a three-day mega event for discussing ideas, theories and research f ...

Literature plays an important role in social transformation: VP Naidu

AMN Vice President M Venkaiah Naidu says poetry has the capability to change attitudes, mindsets and social ...

Ad

MARQUEE

IRCTC to operate Golden Chariot luxury train from March 2020

AMN The Indian Railway Catering And Tourism Corporation, IRCTC, will operate and manage luxury train, Golden ...

Qutub Minar glitters amid LED illumination

  QUTUB MINAR Staff Reporter / New Delhi The historic Qutb Minar came alive ...

CINEMA /TV/ ART

The curtain comes down on 50th IFFI in Goa

AMN / GOA The nine-day long Golden Jubilee Edition of International Film Festival of India IFFI culminated ...

Shaukat Kaifi, Mother of Shabana Azmi passes away

AMN Shaukat Kaifi, the wife of renowned poet Kaifi Azmi and mother actress Shaban Azmi has passed away tod ...

Ad

@Powered By: Logicsart

Do NOT follow this link or you will be banned from the site!