New Delhi: An exponential rise in food and fuel prices lifted India’s wholesale inflation rate to 3.18 per cent in April from a rise of 2.47 per cent in the previous month, official data showed here on Monday. According to the Ministry of Commerce and Industry, last month’s rise in WPI inflation rate was slower […]
New Delhi: Indian policymakers would do well to target keeping annual retail inflation in the country in the range of 4-5 per cent without aiming to lower this rate significantly, according to an American expert. “India should target inflation at 4-5 per cent,” Kenneth Rogoff, Professor of Economics at Harvard University in the US told BTVi […]
New Delhi: The rise in India’s August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday. Accordingly, the rise in August’s WPI remained unchanged at 1.08 per cent on a sequential basis. However, it eased on a YoY basis. In August 2018, the WPI had […]
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