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 | Inflation accelerates to 7.41%, highest since April -Vikas Dhoot

Inflation accelerates to 7.41%, highest since April -Vikas Dhoot

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

-The Hindu

September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India

India’s retail inflation accelerated to 7.41% in September from 7% in August, with food price inflation surging sharply from 7.62% in August to 8.6% in September, the National Statistical Office (NSO) said on Wednesday.

At 7.41%, September’s retail inflation level is the highest since April this year, when price rise had hit a nearly eight-year high of 7.79%. This is the ninth month in a row, when inflation has stayed above the Reserve Bank of India’s upper tolerance threshold of 6%.

The country’s rural inflation also picked up further steam from 7.15% in August to reach 7.56% in September, while urban consumers also experienced a resurgence in price rise at 7.27% from 6.72% a month ago.

Urban consumers also faced a higher surge in food inflation during September, at 8.65%, from 7.55% a month ago. For Rural India, the uptick was only slightly less pronounced, with food prices rising 8.53%, compared to 7.6% in August.

The pace of price rise for cereals increased to 11.53%, with rural India facing nearly 12% inflation in this segment in September, up sharply from 9.6% in August and nearly doubling from the 6.9% level in July.

Please click here to read more. 


The Hindu, 12 October, 2022, https://www.thehindu.com/business/Economy/inflation-accelerates-to-741-in-september-2022-highest-since-april/article66001257.ece?homepage=true


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