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: 150
 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]
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: 151
 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]
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]
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]
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]
LATEST NEWS UPDATES | India's retail inflation rises to 5-month high of 7.41%, industrial activity contracts -Meghna Sen

India's retail inflation rises to 5-month high of 7.41%, industrial activity contracts -Meghna Sen

Share this article Share this article
published Published on Oct 12, 2022   modified Modified on Oct 13, 2022

-The Telegraph

Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August

Driven by rising food prices, India's retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This is likely to pressure the RBI, which has raised its key repo rate by 190 basis points in four moves this year, to intensify its interest rates hikes.

Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August.

Meanwhile, industrial growth, as measured by the Index of Industrial Production (IIP), contracted 0.8% in August as compared to 2.4% in July, according to the data released by the National Statistical Office (NSO).

Please click here to access.


The Telegraph, 12 October, 2022, https://www.livemint.com/news/india/indias-sept-retail-inflation-accelerates-to-7-41-as-food-prices-surge-11665550922019.html


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close