indian consumer prices rose 9.47% in the year to March, faster than the previous month's reading of 8.83%, government data showed on Wednesday (April 18, 2012).
The consumer price-based food inflation accelerated to 8.22% in March from 6.62% in February.
Inflation as measured by the WPI eased marginally to 6.89% in the year to March, data showed on Monday.
Retail price pressures could build up in coming months as the country is yet to pass on a rise in global crude oil prices to consumers.
The Reserve Bank of India, which unlike other central banks uses mainly the wholesale price index for monitoring inflation, slashed policy rates by a steeper-than-expected 0.50% on Tuesday to boost sagging economy.
The annual consumer price inflation data ( CPI), which was launched in February, measures retail prices in major food groups, fuel, clothing, housing and education across rural and urban India.
....more info
The consumer price-based food inflation accelerated to 8.22% in March from 6.62% in February.
Inflation as measured by the WPI eased marginally to 6.89% in the year to March, data showed on Monday.
Retail price pressures could build up in coming months as the country is yet to pass on a rise in global crude oil prices to consumers.
The Reserve Bank of India, which unlike other central banks uses mainly the wholesale price index for monitoring inflation, slashed policy rates by a steeper-than-expected 0.50% on Tuesday to boost sagging economy.
The annual consumer price inflation data ( CPI), which was launched in February, measures retail prices in major food groups, fuel, clothing, housing and education across rural and urban India.
....more info