CPI inflation for the month of February fell to 8.1 per cent from 8.79 per cent in January, thanks to easing food prices. The CPI inflation figure was in line with most estimates. February's CPI food inflation fell to 8.57 per cent versus 9.9 per cent on a month-on-month basis.
The corresponding provisional inflation rates for rural and urban areas for February 2014 are 8.51 per cent and 7.55 per cent respectively. Inflation rates (final) were rural and urban areas for January 2014 were 9.35 per cent and 8.09 per cent respectively. Inflation for specified categories.
It's unlikely that today's CPI inflation data will change the course of interest rates in the near future. The RBI is likely to meet on April 1, 2014 to decide on policy rates. In all probability it will hold interest rates steady until there is a consistent decline in inflation.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google