December retail inflation climbs to five-month high

December retail inflation climbs to five-month high

13 January 2022, Mumbai:

India's retail inflation accelerated to a five-month high in December, but the central bank is widely expected to hold on to key policy rates next month amid concerns the fast-spreading Omicron variant of COVID may impact economic activities.

India's Retail Inflation Up by a Marginal 4.48 % from 4.35%

Consumer prices (INCPIY=ECI), buoyed by rising prices of food and manufactured items, rose 5.59% in December from a year earlier and compared with 4.91% in the previous month, Ministry of Statistics data showed on Wednesday.

REUTERS  (The news article has not been edited by DFU Publications staff)

 

Subscribe to our newsletter.

 

Follow us on Linkedin & Youtube

 

Author’s Posts

  • 62nd JOINT TECHNOLOGICAL CONFERENCE

    To be inaugurated by: Hon’ble Minister of Textiles, GoI, Giriraj Singh

    Oct 16, 2024

  • Brazil cotton over-reliance on exports!

    Marcelo Duarte Monteiro, Director ABRAPA who is based out of Singapore delivered a s...

    Oct 09, 2024

  • The 3rd Global Cotton Conference

    The 3rd Global Cotton Conference is just around the corner, scheduled for October 7, 2024, at La Shan...

    Oct 01, 2024

  • NISTI-IIT Delhi Joint Conference on Sustainability in Textiles and Clothing

    Emerging Trends in Fibers, Fabrics, Processes, and Fashion

    Sep 30, 2024

  • ICAHT-2024: OGTC

    23 September 2024, Mumbai

    DFU
    Inside Fashion Vol. 23 No. 2
    Azad
    EasiTex