WPI inflation eases to near two-year low
According to government data,wholesale price-based inflation has reached a 2 year low of 2.02% in June,2019. This decline comes on the back of reduced inflation in the prices of manufactured …
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Low oil price, food supply kept inflation low:Viral Acharya
The outgoing deputy governor of RBI has credited flexible inflation targeting,low crude prices and efficient food supply management for successful taming of inflation in recent years. The RBI has shifted …
Read MoreWPI inflation spikes to 3.18% in March on costlier food, fuel
The Wholesale price inflation has increased to 3.18% in March,2019.The rise has been attributed to high food and fuel prices. Wholesale Price Inflation tracks changes in the price of goods …
Read MoreRBI cuts repo rate to 6%, lowers GDP forecast to 7.2%
The six-member Monetary Policy Committee of the Reserve Bank of India has cut its benchmark policy rate,repo rate by 0.25% to 6%.Repo stands for ‘Repurchasing Option’.It refers to the rate …
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