After six weeks of decline, inflation rose marginally by 0.11 per cent to 4.33% during the week ended June 11.
In tune with the Reserve Bank of India's expectation of moderate inflation this year, the general price level stood unchanged at the previous week's figure of 4.2 per cent for the week ended May 8.
The inflation fell for the second consecutive week, dropping by 0.06 per cent to 4.2 per cent for the week ended May 1 mainly due to cheaper vegetables, fruits, milk, maida and atta.
Inflation dipped to a two-month low of 5.20 per cent during the week ended May 28 from the previous week's level of 5.38 per cent even as some of the primary and manufactured products became costlier.
Inflation stood unchanged at the previous week's level of 4.4 per cent for the week ended April 10, even as prices fell for wheat, rice, fruits, vegetables and several edible oils.
The commodity prices eased further with inflation falling marginally by 0.06 per cent to 5.61 per cent during the week ended May 07
Cheaper fruits, vegetables and edible oils pushed down inflation further to 4.78 per cent for the week ended March 13 despite costlier milk, skimmed milk powder, bread and buns, and baby food.
RBI has kept interest rate unchanged at 8 per cent since January
Inflation fell substantially by 0.62 per cent to 5.32 per cent for the week ended February 28 mainly due to the fall in prices of primary items, including fruits and vegetables, and non-food articles.
Costlier fuel products and manufactured items including edible oils pushed up inflation to 4.95 per cent during the week ended February 26.
Inflation fell marginally to 6.13% for the week ended January 17, but public continued to pay higher prices for essential commodities with primary articles like fruits and vegetables, milk and many manufactured items becoming costlier.
.jpg)
Chidambaram further said government has taken a number of fiscal and administrative measures from time to time to contain inflation especially food.
As stock markets continue to witness a dream rally, the total market valuation of domestic listed companies has soared to a record $1.6 trillion on a day the benchmark BSE Sensex ended at a new closing high of 28,177.88.
India's year-on-year inflation rate as measured by the consumer price index rose to 3.43 per cent in January from 3.2 in December, a government statement said on Wednesday.
A rate cut will bring positive sentiment around the Budget.
Inflation dropped by 0.42 per cent to 7.38 per cent, for the second week in succession, in the week ended September 25, mainly due to fall in prices of vegetables and essential commodities.
CPI inflation is on the decline since July.
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
More rate cut by RBI unlikely this fiscal, say Ind-Ra
Inflation rose for the third consecutive week to 5.03 per cent for the week ended May 29 despite cheaper vegetables and fruits, eggs and several edible oils.
The party said its government has taken a number of initiatives since its formation including tough action against hoarders and limiting export prices of essential commodities like onion, rice and wheat.
The inflation fell marginally to 4.40 per cent for the week ended April 3 despite a whopping 20 per cent rise in vegetable prices and a substantial hike in the prices of fruits, milk and fuels for industries.
Costlier foods, electricity and manufactured products pushed up inflation to 4.47 per cent for the week ended March 27, but 2003-04 ended on a positive note with the price level being contained at 4-4.5 per cent.
The central bank is widely expected to increase the repo rate by 25 basis points on Tuesday to 7.75 per cent to fight inflation even as it continues to unwind its rupee defense steps, a Reuters poll showed.
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
The government regulates prices of all other medicines.
The overall inflation went up marginally to 5.25 per cent for the week ended November 29 despite a sharp 9 per cent fall in vegetable prices.
Next time you swipe, ask yourself, do you really need it or do you just want it?
Reserve Bank will hold its first bi-monthly monetary policy review for 2016-17 on Tuesday.
The inflation rate slipped to 4.96 per cent during the week ended October 25 due to decline in prices of food items like wheat, jowar, bajra, maize, tea, vegetables and fruits.
The consumer price index has been in double digits for much of the past year, and was 9.8 per cent in September.
Bidders have to deposit a security fee of Rs 25 crore as well as minimum guarantee fee.
The rupee bounced back by 26 paise to end at 59.93 against the American currency on Friday as exporters and some banks sold dollars.
Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly because of increase in prices of food items.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances