econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

India: CPI ‘Eases’ to 9.9% in July

admin by admin
8월 22, 2012
in 미분류
0
0
SHARES
0
VIEWS

Econintersect:  In June the CPI for India came in at 9.93%.  In July the number was india-foodSMALL9.86%.  Both figures are official releases of the India Central Statistics Office.  The headline in The Times of India says “inflation eases” in July.  Econintersect notes that both numbers round to 9.9% so we were tempted to make our headline slightly different than we did, namely:  “India Inflation Eases from 9.9% to 9.9%.”

The persistent inflation is driven most strongly by food price inflation which is likely to remain if not worsen due to subnormal rainfall from this year’s poor monsoon.

Food prices have remained a persistent challenge for Indian policy makers after appearing to start to moderate during the winter.  (See GEI News.)  Some of the problem areas were identified by The Times of India:

Vegetables prices rose an annual 27.33% in July while prices of oils and fats shot up 17.37% year-on-year across the country. Eggs, fish and meat also sustained their increase rising an annual 11.11% at the combined level. Economists say drought in some states may impact food prices and lack of progress in easing supply side pressures could lead to a sharp spike in food prices.

Wholesale inflation showed a decline that actually was statistically signficant, falling from 7.3% in June to 6.9% for July.

John Lounsbury

Sources:

  • Retail inflation eases to 9.86% in July (The Times of India, 22 August 2012)
  • India:  Inflation Lower, Rupee Higher (GEI News, 18 January 2012)
  • Econintersect Asia/Pacific newspaper page
Previous Post

Corporate Earnings: Are They Waving Warning Flags?

Next Post

Japan: Exports Collapse

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Japan: Exports Collapse

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect