Amid stock market crash and global financial crisis causing concern among the investors, a fall in inflation rate definitely comes as a relief.
Inflation based on the Wholesale Price Index (WPI) stood at 6.84 per cent in February. In March, 2012, it was 7.69 per cent.
The latest numbers are the highest level of food inflation since the week ended March 26 when it had stood at 9.18 per cent.
Inflation is far too important a problem to have to rely on an inadequate and, ultimately, unreliable database for solutions.
In the previous week inflation was (-) 1.54 per cent. Wholesale price index-based inflation was 12.53 per cent during the corresponding week a year ago.
A sharp 12 per cent fall in the prices of vegetables pulled down inflation only marginally to 7.3 per cent for the week ended November 27
The rate of price rise stood at 8.87 per cent in August, 2010.
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
During the week, prices of fruits, vegetables and poultry chicken declined by five per cent each, while those of moong and fish-marine fell by one per cent.
Inflation fell by 0.23 per cent to a 23-week low of 6.5 per cent for the fourth consecutive week ended December 18, mainly due to cheaper food items, edibles oils and manufactured products.
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.
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.
Inflation fell by 0.18 per cent to 7.2 per cent for the week ended October 2, even as vegetable prices shot up by about 14 per cent.
RBI's unique focus on WPI inflation is misguided even as demand-driven factors have become relatively less important.
A sharp fall in the prices of fruits and vegetables notwithstanding, inflation rose for the fifth consecutive week to a 28-week high of 5.57 per cent for the week ended December 13.
Inflation rose for the ninth consecutive week to touch 39-week high of 6.21 per cent for the week ended January 10 with primary articles, including food products, and manufactured products becoming costlier.
Growth rate in per capita income is projected to fall to the lowest in 21 years this financial year - except for the financial years 2019-20 (FY20) and 2020-21 (FY21) - according to the first advance estimates. During the last 21 years, the two periods - FY20 and FY21 - saw growth rates in per capita income lower than 7.9 per cent, seen during FY24. This was despite the real gross domestic product (GDP) being projected to grow by 7.3 per cent in the current financial year by the first advance estimates.
Wholesale price-based inflation stood at 7.95 per cent in the corresponding week a year ago. Inflation, still nearly the lowest in three decades during the week, does not take into account policy rate cuts announced by the RBI in its annual credit policy.
Wholesale price-based inflation fell to single digit at 9.97 per cent in July, owing to decline in prices of certain food and non-food items.
However, prices of certain other food items like vegetables and most manufactured products rose. Fuels like naphtha also became dearer.
Finance Minister P Chidambaram attributed on Friday the fall in wholesale prices-based inflation to steps taken on the monetary front and said the government will continue to monitor the price-situation. He said consumer prices-based inflation was also down by 80 basis points in September over the previous month. The point-to-point rate of inflation, based on the CPI-IW, has decreased from 7.26 per cent in August to 6.40 per cent in September.
Inflation, as measured by the Wholesale Price Index, stood at 9.78 per cent in August.
The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.
Overall inflation rose marginally to 8.31 per cent in February, 2011, from 8.23 per cent in the previous month.
Inflation fell marginally to 3.54 per cent for the week ended April 22 as against 3.55 per cent in the previous week, despite higher prices of eggs and wheat.
The inflation bogey that stalked the government earlier in the week appears to have lost force, with the wholesale price index declining to 6.05 per cent for the week ended February 17, 2007, against 6.63 per cent for the previous week.
Tight monetary policy and various fiscal sops have failed to contain inflation as it jumped to a record level of 6.73 per cent during the week ended February 3 compared to 6.58 per cent for the previous week.
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 based on the wholesale price index rose marginally to 4.55 per cent for the week ended December 3 from 4.54 per cent in the previous week due to the increase in prices of food items.
Inflation rose to 5.43 per cent, just short of this fiscal's highest at 5.44 per cent, during the week ended December 16 as against 5.32 per cent in the previous week.
In line with government's promise to keep commodity prices under check, inflation fell for the fourth consecutive week to 4.30 per cent for the period ended March 20, well within the 4-4.5 per cent forecast by the finance ministry.
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.
Inflation jumped to 4.78 per cent in November, driven by rising prices of essential food items like pulses, fruits and vegetables.
Finance Minister P Chidambaram on Friday said rising inflation, which went up to 5.45 per cent during the week ended November 18, is due to primary products, especially pulses.
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.
Inflation touched 5.48 per cent for the week ended April 9, mainly due to costlier vegetables, fruits, cooking gas and edible oils.
Food inflation, measured by the Wholesale Price Index, was 7.33 per cent in the previous week.
Richard Illey, chief economist, (Asia, ex-Japan) at BNP Paribas, talks to Business Standard on inflation and related issues ahead of the Reserve Bank's annual review of monetary policy.
After six weeks of decline, inflation rose marginally by 0.11 per cent to 4.33% during the week ended June 11.
According to data released by the government on Thursday, onions became cheaper by 39.20 per cent year-on-year during the week under review, while potato prices were down by 15.75 per cent.
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