• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

Retail inflation inches up to 7.61% in October

Juliet Woodard by Juliet Woodard
November 12, 2020
Home Business
Share on FacebookShare on Twitter

The rise in general inflation was mainly on account of elevated food prices.

Driven by rising food prices, retail inflation inched up to 7.61% in October, remaining above the comfort level of the Reserve Bank. According to the Consumer Price Index (CPI) data released by the government on Thursday, inflation stood at 7.27% in September 2020. It was 4.62% in October 2019. The rise in general inflation was mainly on account of elevated food prices. As per the data, the Consumer Food Price Index (CFPI) rose to 11.07% in October, up from 10.68% in the previous month of September. The RBI, which mainly factors in retail inflation while arriving at key policy rates, has been mandated by the government to keep inflation at 4% (+, – 2%).

A letter from the Editor
Dear subscriber,Thank you!Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.Suresh Nambath

Tags: inflation rateinflationary pressureRBI comfort zoneReserve Bank of Indiaretail inflation
Juliet Woodard

Juliet Woodard

Next Post
Huawei Nova 8 SE, Nova 8 SE High Edition With Quad Rear Cameras, 66W Charging Launched: Price, Specifications

Huawei Nova 8 and Honor V40 Tipped to Launch in December, With Similar Quad Camera Setup

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

‘Smartphone market hits record 50mn units in Q3’

‘Smartphone market hits record 50mn units in Q3’

October 22, 2020
Angry Birds Maker Rovio Says CEO Kati Levoranta to Quit at Year End

Angry Birds Maker Rovio Says CEO Kati Levoranta to Quit at Year End

October 5, 2020

Trending.

Navigating Online Marketplaces? 12 Tips For Real Estate Newbies

Navigating Online Marketplaces? 12 Tips For Real Estate Newbies

January 13, 2021
Brookfield to buy 18% of RMZ’s assets for $2 billion

Brookfield to buy 18% of RMZ’s assets for $2 billion

October 19, 2020
Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

November 1, 2020
Left slams RBI proposal to give banking licences to corporates

Left slams RBI proposal to give banking licences to corporates

November 24, 2020
Richest Cities And Poorest Cities In Every State In 2021

Richest Cities And Poorest Cities In Every State In 2021

December 22, 2020

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Best iPhone 7 deals Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

3 Things You Should Be Doing To Sell A Home In 2021

3 Things You Should Be Doing To Sell A Home In 2021

January 19, 2021
Real Estate Opportunities For Buyers In 2021

Real Estate Opportunities For Buyers In 2021

January 19, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.