For Quick Alerts
For Daily Alerts

    Consumer price inflation surges to 10.03% in August


    The consumer price inflation (CPI) has surged to 10.03 per cent for August, a government release has stated. The CPI data in double digits would ease pressure on the RBI to cut rates later in October.

    The wholesale price index accelerated in August 2012 to 7.56, as against 6.86% in the corresponding period of last year.

    Inflation in India continues to remain high and has accelerated in the last few months. The diesel price hike is likely to ensure that inflation will remain at elevated levels in the next few months.

    Read more about: cpi
    Story first published: Tuesday, September 18, 2012, 11:47 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more