Skip to main content



Retail inflation moved up marginally to 10.36 percent in May on account of increase in prices of vegetables, edible oils and milk, inflation rates for rural and urban areas were 9.57 percent and 11.52 percent respectively in May.

Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, as per the government data released in New Delhi on Monday.
Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible oil 18.21 per cent and milk products  13.74 per cent in May, year-on-year basis.
Prices of egg, fish and meat shot up 10.50 per cent, while non-alcoholic beverages became costlier 9.44 per cent.
Among other items, prices of cereal and its products saw a rise of 4.79 per cent over the May 2011 level.
While sugar saw a marginal rise of 5.38 per cent in May, 'pulses and products' were up by 7.89 per cent, over the same month in2011.
Prices of fuel and light, and clothing, bedding and footwear segments remained in the double-digit.
Inflation rates for rural and urban areas were 9.57 per cent and 11.52 per cent respectively in May.
According to the revised data, the inflation rates for rural and urban areas were 9.67 per cent and 11.10 per cent respectively in April.
The All-India CPI is in addition to the three retail price indices for agricultural labourers, rural labourers and industrial workers  prepared by the Ministry of Labour.
Meanwhile, inflation based on Wholesale Price Index data released last week, also rose to 7.55 per cent in May due to spurt in prices of potato, pulses and wheat.
Potatoes had turned costlier by 68.10 per cent during May on annual basis.
Besides, pulses and wheat turned expensive by 16.61 per cent and 6.81 per cent respectively

Comments

Post a Comment

Popular posts from this blog

Rouhani wins Iran's Presidential election Moderate cleric Hassan Rouhani won Iran's presidential election on Saturday, the interior ministry said, scoring a surprising landslide victory over conservative hardliners without the need of a second round run-off.Interior minister Mostafa Mohammad-Najjar announced on state television that Rouhani secured just over 50 percent of the ballot based on a 72 percent turnout of 50 million eligible voters. Mr Hassan Rouhani ... got the absolute majority of votes and was elected as president," Najjar said. Tehran Mayor Mohammad-Bagher Ghalibaf, a hard-line conservative, lagged behind with about 16 percent of the votes. Iran's top nuclear negotiator Saeed Jalili, he too a hard-line conservative, earned 11 percent. The voter turnout was 72.7 percent. President-elect Hassan Rohani, sixty four years old, is known as a moderate conservative. He has been stressing the need to improve ties with Western nations, and is back...
Post a Comment
20
Save Dissent to Save Democracy   THE rising instances of physical violence and threats against political opponents and the inability to accept dissent must raise huge concerns amongst all of us who see democracy as perhaps the really stellar achievement since Independence. AAP’s attack on BJP headquarters and acts of arson committed under the very noses of their elite leadership; the attacks on Arvind Kejriwal and Manish Sisodia in Gujarat in the last two days; the recent manhandling of the caretaker of journalist Siddharth Varadarajan’s house by some garden variety thugs; and the violence and threats meted out regularly to their political opponents by political parties is surely deplorable and condemnable. This is a fatally flawed trend which will destroy the very foundations of our democratic institutions if not pushed back with all the strength and condemnation that the civil society can mobilise. Replaying the past To begin with, it must be clarified that we should ...
Post a Comment
20
Discipline Virat can win WCC JUNE 24, 2019 Monsoon in day reach Lucknow Pranati- win the bronze medal M7.3 Earthquake – Banda Sea https://sagarmediainc.com/ INVITATION | LAUNCH OF “SWACHH MAHOTSAVA” CELEBRATIONS BY SH. GAJENDRA SINGH SHEKHAWAT, UNION MINISTER, JAL SHAKTI | 3.45 PM , MONDAY, 24 JUNE | VIGYAN BHAWAN, DELHI Invitation for a discussion on “Emergency: Darkest Hour in Indian Democracy” : S Gurumurthy, Chairman, VIF & Dr A Suryaprakash, Chairman, Prasar Bharti on Monday, 24th June 2019 17.30 NMML Invitation _Dr. Prabha Ravi Shankar_“G.A. Natesan (1873-1949): ‘Old and Dear Friend’ of Mahatma Gandhi”_24 June 2019_3.00pm  CPR and CSH are pleased to invite you to a workshop on ‘Whims of a Digital Boss: The Story of Insecure App-Based Workers in Delhi’ Speaker:  Akriti BhatiaTuesday, 25 June 2019, 3:45 p.m. Centre for Science and Humanities (CSH), 2, Dr APJ Abdul Kalam Road, (formerly Aurangzeb Road) What are the Priorities ...
Post a Comment
20