Consumer price inflation at 10.56 percent in December
NEW DELHI (Reuters) - India's annual consumer price inflation accelerated to 10.56 percent in December from the previous month, government data showed on Monday.
Analysts had expected retail prices to rise an annual 10.20 percent, above 9.90 percent in November.
India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa.
Food prices for consumers rose 13.04 percent in December from 11.81 percent in November.
(Reporting by Rajesh Kumar Singh; Editing by Anand Basu)
- Tweet this
- Share this
- Digg this
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Japan and India vow to boost defence ties during summit
- Government urges court to leave some coal blocks with companies
- Ukraine accuses Russia of "undisguised aggression" as rebels advance
- Balance of payments rises on robust dollar inflows
The Nifty surged past the psychologically important 8,000 level for the first time on Monday as blue-chips such as ICICI Bank gained after better-than-expected quarterly economic growth data. Full Article
Government urges Supreme Court to not cancel some 'illegal' coal mines Full Article