Free Press Journal
  • July retail inflation at 9-month low of 4.17%   

    Mumbai : Retail inflation fell to nine-month low of 4.17 per cent in July on account of slowdown in prices of vegetables and fruits, said government data released. Based on Consumer Price Index (CPI), inflation for June has also been revised downwards to 4.92 per cent from the earlier estimate of 5 per cent, as per the Central Statistics Office (CSO) data released on Monday.

  • Rupee value rises 25 paise to hit a 3-week high against US dollar

    Mumbai: Rising for the third day, the rupee appreciated by 23 paise to trade at a three-week high of 68.32 against the US dollar today amid easing food prices, and continued selling of the greenback by banks and exporters.

  • Retail inflation hits 5-month high, IIP growth remains weak

    The August inflation number is the highest since March 2017, when it was recorded at 3.89 per cent.  Overall food inflation in August also moved up, reversing the deflationary trend, to 1.52 per cent.

  • Industrial output growth slows to 3.1% in April, says CSO data

    New Delhi : Industrial production growth slipped to 3.1 per cent in April due to poor show by manufacturing, mining and power sectors coupled with lower offtake of capital goods and consumer on Monday showed.

  • Retail inflation seen 5.5-6% in Q4 this year: Nomura

    New Delhi: Consumer inflation may see an uptick at 5.5-6 per cent in the fourth quarter of 2017 as a result of fading demonetisation impact, while rising exports are likely to aid economic recovery, says a Nomura report. Besides, one-off risk to inflation also emanate from the implementation of GST and house rent allowance increases for government employees, the Japanese brokerage firm said.

  • Retail inflation hits 5-month high of 3.81% in March

    New Delhi: Retail inflation jumped to a five-month high of 3.81 per cent in March on costlier protein items, edible oils and non-food products like fuel and light. Inflation based on Consumer Price Index (CPI) was at 3.65 per cent in February.
    Protein rich items such as milk & products and eggs were costlier during the month with inflation prints of 4.69 per cent and 3.21 per cent, respectively. Prepared meals, snacks and sweets prices were

  • IIP growth drops 2.1% in June

    New Delhi :  Raising concerns about cost of credit and pick up in economic activity, retail inflation soared to 23-month high of 6.07 per cent in July on higher food prices, while factory output grew at a subdued rate of 2.1 per cent in June.

  • Retail inflation edges up to 22-mth high of 5.77%

    New Delhi: Retail inflation inched up to a 22-month high level of 5.77 per cent in June on increase in food prices including that of key kitchen staples like vegetables and cereals.