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/food-inflation-in-double-digits-after-six-weeks-10728/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/food-inflation-in-double-digits-after-six-weeks-10728/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/food-inflation-in-double-digits-after-six-weeks-10728/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/food-inflation-in-double-digits-after-six-weeks-10728/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('cakeErr6804989a7159e-trace').style.display = (document.getElementById('cakeErr6804989a7159e-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="cakeErr6804989a7159e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-code').style.display = (document.getElementById('cakeErr6804989a7159e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-context').style.display = (document.getElementById('cakeErr6804989a7159e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804989a7159e-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="cakeErr6804989a7159e-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) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617, 'metaTitle' => 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks', 'metaKeywords' => 'Inflation', 'metaDesc' => ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...', 'disp' => '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617 $metaTitle = 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks' $metaKeywords = 'Inflation' $metaDesc = ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...' $disp = '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</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/food-inflation-in-double-digits-after-six-weeks-10728.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 | Food inflation in double digits after six weeks | Im4change.org</title> <meta name="description" content=" -The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance..."/> <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>Food inflation in double digits after six weeks</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify"> </div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.</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 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]Code Context$response->getStatusCode(),
($reasonPhrase ? ' ' . $reasonPhrase : '')
));
$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('cakeErr6804989a7159e-trace').style.display = (document.getElementById('cakeErr6804989a7159e-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="cakeErr6804989a7159e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-code').style.display = (document.getElementById('cakeErr6804989a7159e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-context').style.display = (document.getElementById('cakeErr6804989a7159e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804989a7159e-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="cakeErr6804989a7159e-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) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617, 'metaTitle' => 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks', 'metaKeywords' => 'Inflation', 'metaDesc' => ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...', 'disp' => '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617 $metaTitle = 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks' $metaKeywords = 'Inflation' $metaDesc = ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...' $disp = '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</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/food-inflation-in-double-digits-after-six-weeks-10728.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 | Food inflation in double digits after six weeks | Im4change.org</title> <meta name="description" content=" -The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance..."/> <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>Food inflation in double digits after six weeks</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify"> </div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.</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>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]Code Context$value
), $first);
$first = false;
$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('cakeErr6804989a7159e-trace').style.display = (document.getElementById('cakeErr6804989a7159e-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="cakeErr6804989a7159e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-code').style.display = (document.getElementById('cakeErr6804989a7159e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6804989a7159e-context').style.display = (document.getElementById('cakeErr6804989a7159e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6804989a7159e-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="cakeErr6804989a7159e-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) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617, 'metaTitle' => 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks', 'metaKeywords' => 'Inflation', 'metaDesc' => ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...', 'disp' => '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617 $metaTitle = 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks' $metaKeywords = 'Inflation' $metaDesc = ' -The Business Standard &nbsp; After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...' $disp = '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. &ldquo;Then we can see some moderation,&rdquo; said its director Siddharth Shankar. &ldquo;RBI may continue with a tight monetary stance.&rdquo; CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. &ldquo;There is definitely a scope for another hike,&rdquo; said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table &amp; graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers&rsquo; index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.&rdquo; Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. &ldquo;From next month onwards, it will start softening.&rdquo; claimed its deputy chairman, Montek Singh Ahluwalia. &ldquo;Inflation in recent times is not due to supply-side pressures,&rdquo; he added.</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/food-inflation-in-double-digits-after-six-weeks-10728.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 | Food inflation in double digits after six weeks | Im4change.org</title> <meta name="description" content=" -The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance..."/> <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>Food inflation in double digits after six weeks</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify"> </div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.</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 ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
<head>
<link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> “Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617, 'metaTitle' => 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks', 'metaKeywords' => 'Inflation', 'metaDesc' => ' -The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...', 'disp' => '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify"> </div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 10617, 'title' => 'Food inflation in double digits after six weeks', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Business Standard </div> <div style="text-align: justify"> </div> <div style="text-align: justify"> After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph) </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> “Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added. </div>', 'credit_writer' => 'The Business Standard, 21 October, 2011, http://business-standard.com/india/news/food-inflation-in-double-digits-after-six-weeks/453286/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'food-inflation-in-double-digits-after-six-weeks-10728', '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) 10728, '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) 10617 $metaTitle = 'LATEST NEWS UPDATES | Food inflation in double digits after six weeks' $metaKeywords = 'Inflation' $metaDesc = ' -The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance...' $disp = '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify"> </div><div style="text-align: justify">After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph)</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis:</div><div style="text-align: justify"><br /></div><div style="text-align: justify">“Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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
![]() |
Food inflation in double digits after six weeks |
-The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping 1.28 percentage points to touch 10.60 per cent for the week, against 9.32 per cent a week earlier. At almost a six-month high, food inflation is headed up at least for a few more weeks, economists said. Financial services firm Kassa said the inflation was bound to go up for another two-three weeks. “Then we can see some moderation,” said its director Siddharth Shankar. “RBI may continue with a tight monetary stance.” CARE Ratings said RBI would continue with its rate hike stance as it had been reiterating this for a while that it is inflation over growth for the central bank. “There is definitely a scope for another hike,” said Madan Sabnavis, chief economist of the research and analysis firm.(Click here table & graph) The economic growth is showing signs of moderating. The economy grew at a six-quarter low of 7.7 per cent in the April-June segment of this fiscal. Signs for the second quarter are also not very encouraging as well. While industrial growth remained sub-five per cent in the first two months of the second quarter, widely-tracked HSBC purchasing managers’ index contracted in September for the first time since April 2009. The inflationary push came majorly from egg, meat and fish, which saw the rate of price rise moving up to 14.10 per cent for the week under review from 9.92 per cent a week before. Inflation in milk rose marginally to 10.80 per cent from 10.35 per cent. Said Sabnavis: “Inflation in egg, meat and fish can only come down when cost of production comes down, like fodder or coarse cereals like maize.” Milk inflation would also remain steady as the demand would remain up due to the ongoing festival season, he added. Among other protein-based items, pulses saw inflation going up to 7.42 per cent from 6.87 per cent a week ago. Even though inflation in both potatoes and onions declined, the rate of price rise in vegetables rose to 17.59 per cent from 13.01 per cent a week earlier. Inflation in fruit also rose to 12.39 per cent from 12.19 per cent. However, inflation in cereals, comprising rice and wheat, was down to 4.73 per cent from 5.41 per cent. Sabnavis said non-core inflation may move down gradually by this month-end, but fruits and vegetables will start moderating only in December. Headline inflation has persistently been over nine per cent for this calendar year till September, despite RBI going for 12 rate hikes since March, 2010. Food inflation has 14.34 per cent weight in the wholesale price index, on which inflation is based. The Planning Commission said it believed the RBI measures would bring the year-end inflation lower than eight per cent. “From next month onwards, it will start softening.” claimed its deputy chairman, Montek Singh Ahluwalia. “Inflation in recent times is not due to supply-side pressures,” he added.
|