June CPI at 7.31%; retail inflation cools

India Infoline News Service | Mumbai |

The CPI for the month of June is at the lowest since its inception in January 2012.

The CPI data stood at 7.31% in June as against 8.28% on month-on-month.
The rural inflation stood at 7.72% as compared to 8.8%, while urban inflation was at 6.82% vs 7.5%.
The June core CPI seen at 7.3% vs 7.74% in May.
The June CPI vegetable price at 8.75%
The June combined fuel, light inflation at 4.58% vs 5% in May.
India’s wholesale price index eased to a four-month low in June. Wholesale prices rose 5.43% year-on-year last month, their slowest pace since February. In May, prices rose 6.01% from a year earlier.
The BSE Sensex closed at 25,006 down 17 points, while NSE Nifty closed at 7,454 down 5 points over the previous close.
The Reserve Bank has decided to conduct a 3 day term repo variable rate auction for a notified amount of Rs. 10,000 crore on July 15, 2014 (Tuesday).
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011.
In addition to this, Consumer Food Price Indices (CFPI) for all India for rural, urban and combined separately are also released w.e.f May, 2014. Inflation rates (on point to point basis i.e. June, 2014 over June, 2013), based on general Indices and CFPIs.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.