SME Times is powered by   
Search News
Just in:   • SBI gets shareholders' nod to raise Rs 20,000 crore  • ITC Infotech's start-ups initiative to go global from 2019: CEO  • Agri export policy to push exports, farmers' income: FIEO  • CAD swells to 2.9 pc of GDP at $19.1 bn  • Need to move for cyber policing: Official 
Last updated: 13 Mar, 2018  

Inflation.9.Thmb.jpg Retail inflation falls to 4.4 pc in Feb

Inflation.Down.9.jpg
   Top Stories
» Agri export policy to push exports, farmers' income: FIEO
» CAD swells to 2.9 pc of GDP at $19.1 bn
» Need to move for cyber policing: Official
» Indian Diaspora ambassadors of India's growth story: Rijiju
» Prabhu calls agri startups to innovate for higher yield
SME Times News Bureau | 13 Mar, 2018

Retail inflation for the month of February fell to 4.4 percent against to 5.07 percent in January 2018, according to data released by the Central Statistics Office on Monday.

On a year-on-year basis, the CPI inflation was 3.65 per cent in February 2017.

However, the 4.4 percent level is above the 4 percent medium-term target of the Reserve Bank of India (RBI).

The inflation data raises hope that the central bank may hold rates steady at its April meeting rather than raise them.

Analysts polled by Reuters had predicted February’s rate would ease to 4.8 percent from 5.1 percent in January. Forecasts ranged from 4.4 percent to 5.6 percent.

Consumer food prices rose 3.26 percent in February, compared with 4.70 percent in January, as prices of pulses fell more than 17 percent from a year earlier.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 10 Dec, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» The marketing mix for small business marketing(4)
» Increase credit flow to boost GDP: FICCI(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter