Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-trace').style.display = (document.getElementById('cakeErr6804f70d7e8c2-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6804f70d7e8c2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-code').style.display = (document.getElementById('cakeErr6804f70d7e8c2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-context').style.display = (document.getElementById('cakeErr6804f70d7e8c2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804f70d7e8c2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6804f70d7e8c2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 4250, 'metaTitle' => 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...', 'disp' => '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 4250 $metaTitle = 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%' $metaKeywords = 'Inflation' $metaDesc = ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...' $disp = '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58% | Im4change.org</title> <meta name="description" content=" Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Cheaper food keeps inflation down at 8.58%</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6804f70d7e8c2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-code').style.display = (document.getElementById('cakeErr6804f70d7e8c2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-context').style.display = (document.getElementById('cakeErr6804f70d7e8c2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804f70d7e8c2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6804f70d7e8c2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 4250, 'metaTitle' => 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...', 'disp' => '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 4250 $metaTitle = 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%' $metaKeywords = 'Inflation' $metaDesc = ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...' $disp = '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58% | Im4change.org</title> <meta name="description" content=" Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Cheaper food keeps inflation down at 8.58%</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6804f70d7e8c2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-code').style.display = (document.getElementById('cakeErr6804f70d7e8c2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804f70d7e8c2-context').style.display = (document.getElementById('cakeErr6804f70d7e8c2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804f70d7e8c2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6804f70d7e8c2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 4250, 'metaTitle' => 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...', 'disp' => '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 4250 $metaTitle = 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%' $metaKeywords = 'Inflation' $metaDesc = ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...' $disp = '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >&ldquo;With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,&rdquo; said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank&rsquo;s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >&ldquo;We have to differentiate between the level of prices and rate of inflation,&rdquo; said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >&ldquo;... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,&rdquo; she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. &ldquo;We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,&rdquo; said C Rangarajan, chairman of the Prime Minister&rsquo;s Economic Advisory Council </font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/cheaper-food-keeps-inflation-down-at-8-58-4341.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58% | Im4change.org</title> <meta name="description" content=" Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Cheaper food keeps inflation down at 8.58%</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 16 November, 2010, http://economictimes.indiatimes.com/news/economy/indicators/Cheaper-food-keeps-inflation-down-at-858/articleshow/6933278.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'cheaper-food-keeps-inflation-down-at-8-58-4341', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4341, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 4250, 'metaTitle' => 'LATEST NEWS UPDATES | Cheaper food keeps inflation down at 8.58%', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in...', 'disp' => '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 4250, 'title' => 'Cheaper food keeps inflation down at 8.58%', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. 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The decline was mainly due a fall in...' $disp = '<font ><br /></font><div align="justify"><font >Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.</font><br /><br /><font >The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed.</font><br /><br /><font >Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March.</font><br /><br /><font >Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural.</font><br /><br /><font >“With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year.</font><br /><br /><font >Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further.</font><br /><br /><font >The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome.</font><br /><br /><font >The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered.</font><br /><br /><font >Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September.</font><br /><br /><font >“We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure.</font><br /><br /><font >“... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council </font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Cheaper food keeps inflation down at 8.58% |
Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over.
The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed. Finance Minister Pranab Mukherjee said the full impact of the rate hikes earlier this year was yet to play out and he expected headline inflation to fall to 6% by March. He said inflation will ease to 6% by March. Economists said the easing of inflationary pressures will provide some comfort to RBI. However, they see monetary tightening resuming soon because of indications that inflation was becoming structural. “With commodity pressure going up, there will be a pick-up in monthly momentum . But the headline inflation will come down purely because of the base effect,” said Sonal Varma, economist with Nomura India . She said the central bank will start lifting rates again from next year. Industrial growth dropped to a 17-month low of 4.4% in September, creating concerns that rate increase will slow down economic activity further. The RBI has lifted its key policy rates five times this year -- repo (lending) rate by 150 basis points and the reverse repo (borrowing ) rate by 200 basis points. The hikes have begun to spill over into higher lending rates. With the industrial growth moderating sharply, it is widely expected that the RBI will pause for a while, a perception further reinforced by one of the deputy governors who said the decline in industrial growth was worrisome. The bond markets were not impacted by the data, indicating that market expectation of a status quo in the central bank’s December 16 review remained unaltered. Inflation figure for August was revised up to 8.82% from 8.5% earlier, underscoring the sticky nature of inflation. Inflation in manufactured products rose to 4.75% in October from 4.59% in September. “We have to differentiate between the level of prices and rate of inflation,” said Madan Sabnavis, chief economist at Care ratings. The wholesale price index rose 0.4% from the previous month, driven by an increase in every category, indicating a firm trend in prices. Citi economist Rohini Maklani expects a difficult time for the central bank because of the high underlying inflationary pressure. “... soft growth numbers and still-firm prices could once again put the RBI in the growth vs inflation dilemma ,” she said in a research note. Senior officials with the government, however, reflected the optimistic tone of the finance minister. “We hope it will come down to 6.5% by December-end and close to 5.5% by March, 2011,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council |