Diabytes
India inflation data News
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Monsoon has knocked in North India. Due to the monsoon, the prices of vegetables have increased a lot. After which people who used to buy 1-1 kg of vegetables are now buying only 250 grams.
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Driven by softer food prices India`s retail inflation rate eased to 2.33 percent in November.
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IIP in September with a marginal rise of 4.5 percent as compared to 4.3 percent in August.
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With the wholesale price inflation touching a five year low of 1.77 percent in October, clamour for a rate cut by the RBI intensified as India Inc said it was essential to stimulate demand and perk up investments.
WPI inflation cooled to a five year low of 1.77 percent in October raising hopes of rate cut by the Reserve Bank next month to boost economic growth.
The October inflation data eased to its lowest since September 2009.
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