-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
More »SEARCH RESULT
Food inflation pulses up -Ravi Krishnan
-Livemint.com As the base effect wears off in some categories and unseasonal rains affect winter sowing, the prognosis for food inflation doesn’t look good Food inflation, which inched up to 6.08% in November, is the main story in Monday’s Consumer Price Index (CPI) data. Lentils were the main culprits for the rise. Inflation in pulses and pulses products rose to a high of 46.08% since the new series has been released. Inflation...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
More »Gap widening between rural and urban India -Puja Mehra
-The Hindu Rural Indians do not seem to have benefitted as much from falling inflation as their urban counterparts. While inflation has been slowing both in rural and urban areas of the country, there is a widening difference between the two as rural inflation is decelerating at a much slower pace. The resultant gap between rural and urban inflation has more than doubled over the last one year, data analysed by HSBC...
More »In Odisha, no dal for the dalma -Jayashree Nandi
-The Times of India BATAGUDA (Odisha): Women and men working on the hillsides is a common sight when travelling through Odisha's Kandhamal district. All day, they crouch in the scorching sun, using crude tools to break large rocks into little stones. It takes each person several days to fill a 5ft-tall container with enough stones to earn about Rs 900. Most tribal women do this backbreaking work but with hardly any proteins...
More »