Inflation declines to 0.7 percentOctober 8th, 2009 NEW DELHI - India's annual rate of inflation, based on the wholesale price index, declined marginally to 0.7 percent for the week ended Sep 26, from 0.83 percent for the week before, due mainly to a drop in prices of food articles. Data released Thursday showed that while the index for primary articles was up as much as 9.49 percent during the 52-week period, that for manufactured products was up 0.48 percent.
Economic growth, inflation to be as predicted: AhluwaliaOctober 5th, 2009 NEW DELHI - India's economy will grow at 6.3 percent this fiscal as per prediction, while inflation would remain under 5 percent, according to Planning Commission Deputy Chairman Montek Singh Ahluwalia. "The GDP (gross domestic product) would be at 6.3 percent by the end of this fiscal, as predicted, but could be even better given the signs of economic recovery," Ahluwalia said here Monday.
Industrialists request Manmohan Singh for export incentivesAugust 11th, 2009 NEW DELHI - The Federation of Indian Chambers of Commerce and Industry (FICCI) on Tuesday requested Prime Minister Dr. Manmohan Singh to give incentives and support to exporters.
Inflation falls to (-) 1.58 percentAugust 6th, 2009 NEW DELHI - India's wholesale price index (WPI) fell (-) 1.58 percent in the last 12 months on the week ended July 25. With this inflation remained in the negative from the eighth consecutive weeks.
Inflation increases by -1.17 percentJuly 23rd, 2009 NEW DELHI - The rate of inflation has increased to -1.17 percent for the week ended July 11 against the -1.21percent in the previous week. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.
German May inflation rate at zero percent; lowest level in 22 years Fed statistics office saysJune 10th, 2009 German May inflation hits zero, lowest in 22 yearsFRANKFURT — Inflation in Germany, Europe's biggest economy, hit zero percent in May, the lowest level in 22 years, the Federal Statistical Office said Wednesday. The Wiesbaden-based office said the consumer price index for May was unchanged from May a year ago, mainly due to a rise in energy and food prices in last year.
India's inflation rate inches up to 0.7 percentMay 8th, 2009 NEW DELHI - India's annual rate of inflation inched up to 0.7 percent for the week ended April 25 from 0.57 percent the week before, official data showed Friday. Among the three main commodity groups, the indices for manufactured products and primary articles rose 0.3 percent and 0.2 percent, respectively, during the week under review.
Philippine inflation declines to 4.8 percent in April as food prices fallMay 5th, 2009 Philippine inflation dips to 4.8 percent in AprilMANILA, Philippines — The Philippines' inflation rate slid to 4.8 percent in April from 6.4 percent in March due to lower food prices, the central bank announced Tuesday. The figure brings year-to-date inflation to 6.4 percent, down from 6.9 percent in March — well within the 4.5-5.4 percent forecast, central bank officer-in-charge Armando Suratos said.
Vietnam's inflation rate eases to 9.2 percent in April as transport, telecoms costs fallApril 22nd, 2009 Vietnam inflation cools to 9.2 percent in AprilHANOI, Vietnam — Vietnam's inflation rate eased to 9.2 percent in April as telecommunications and transportation costs fell, the government said Wednesday. Last month, the consumer price index rose 11.3 percent, cooling from 14.8 percent in February.
Economy to grow by 6 percent, inflation to rise too: RBIApril 21st, 2009 MUMBAI - India's economy will grow by six percent this fiscal while inflation would rise to around four percent, the central bank said here Tuesday while announcing a 25 basis points cut in key rates in its annual economic policy review. 'With the assumption of normal monsoon, real GDP growth for 2009-10 is placed at around 6.0 percent,' said Reserve Bank of India Governor D.
Congress will never be able to check price rise: Sushma SwarajApril 20th, 2009 BHOPAL - Bharatiya Janata Party (BJP) leader Sushma Swaraj Monday said that though the Congress government at the centre is led by an economist it will never be able to check price rise. 'How can one expect the Congress to control price rise since Prime Minister Manmohan Singh, like other economists, feels that inflation was an indicator of growth rate,' Swaraj told reporters here.
India's inflation rises marginally to 0.31 percentApril 2nd, 2009 NEW DELHI - India's annual rate of inflation rose marginally to 0.31 percent for the week ended March 21, after declining for eight consecutive weeks, official data showed Thursday. The inflation rate was 0.27 percent the week before.
Inflation rises marginally to 0.31 percentApril 2nd, 2009 NEW DELHI - India's annual rate of inflation rose marginally to 0.31 percent for the week ended March 21, after declining for eight consecutive weeks, official data showed Thursday. The inflation rate was 0.27 percent the week before.
India's inflation rate falls eighth straight week to 0.27 percentMarch 26th, 2009 NEW DELHI - India's annual rate of inflation declined for the eighth straight week and dropped to another historic low of 0.27 percent for the week ended March 14, as against 0.44 percent for the week before, official data showed Thursday. The drop was mainly on account of a relatively higher rise in the official wholesale price index during the corresponding week of last year, as between March 7 and 14 the index rose 0.1 percent, data released by the commerce and industry ministry showed.
Inflation rate rises, but economists not alarmedJanuary 28th, 2009 NEW DELHI - India's annual rate of inflation rose marginally by 0.04 percent to 5.64 percent for the week ended Jan 17 from 5.6 percent the week before, official data released here Thursday showed. Economists, however, said this was 'temporary'.
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