empty
 
 

2018.10.1208:49:00UTC+00India Inflation Rises Slightly In September

India's inflation rose marginally in September, the Central Statistics Office reported Friday.

Consumer price inflation came in at 3.77 percent versus 3.69 percent in August. At the same time, food price inflation rose to 0.51 percent from 0.29 percent a month ago.

On a monthly basis, consumer prices fell 0.07 percent and food prices declined 1.14 percent in September.

Among component, fuel and light cost climbed 8.47 percent and housing cost increased 7.07 percent. Clothing and footwear prices logged an annual growth of 4.64 percent.

Despite rising crude prices and currency weakness, the Reserve Bank of India, last week, lowered its inflation forecast to 3.9-4.5 percent for the second half of the fiscal year 2018-19. The bank projected 4.8 percent inflation for the quarter ending June 2019.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback