Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 21, Friday 2018 4:02 PM       

       HEADLINES: ‘Global Salary Challenge for rebuilding Kerala’, CM seeks help from expats                                              Gas leak after tanker lorry overturns in Malappuram                                              Harish Vasudevan mocks Kodiyeri                                              Left govt will not try to end protest of nuns, if they try, it should not be allowed: Saradakkutty                                              Justice will give way to powerful people: Vellappalli Nateshan                                              Hike in petrol price, diesel stagnant                                              Difference in opinion will arise only if party exists: Oommen Chandy                                              India accepts Pakistan PM's proposal for foreign ministers meet                                              Indian economy to reach USD 5 trillion size by 2022: PM                                              PDP hopes PM Modi will reciprocate dialogue offer made by Imran Khan                                              Korean leaders undertake joint excursion to Mt. Paektu                                              Kim, Moon join hands on peak of sacred North Korean volcano                                              Nadeem breaks List A bowling world record with sensational spell                                              Kaumudi Facebook
       BUSINESS Next Article: Indian Army signs MoU with SBI on salary package  
       Retail inflation soars to 5% in June, IIP presides to 3.2% in May
 
         Posted on :23:08:56 Jul 12, 2018
   
A A
       Last edited on:23:08:56 Jul 12, 2018
         Tags: Retail inflation, June, IIP, May
 
New Delhi: India's retail inflation rose to a five-month high of 5 percent in the month of June as compared to 4.87 percent in May, as suggested by the data from the Central Statistics Office.
 
The Index of Industrial Production (IIP) moderated to 3.2 percent in May as compared to 4.9 per cent in April.
The slowdown in the industrial production comes on the back of a moderation in the growth of core sector industries which rose 3.6 percent.
 
The Consumer Price Index (CPI), which remained as the main price gauge indicated June's data as an indication that inflation is inching towards Reserve Bank of India's tolerance level of six percent.
 
Consumer food price inflation, in monthly kitchen costs, grew 2.91 percent in June from 3.10 percent in May.
The indices of IIP for the Mining, Manufacturing and Electricity sectors for the month of May 2018 stand at 107.5, 129.1 and 164.7 respectively, with the corresponding growth rates of 5.7 percent, 2.8 percent and 4.2 percent as compared to May 2017 (Statement I).
 
The cumulative growth in these three sectors during April-May 2018 over the corresponding period of 2017 has been 4.9 percent, 4.0 percent and 3.1 percent respectively.
As per Use-based classification, the growth rates in May 2018 over May 2017 are 5.7 percent in Primary goods, 7.6 percent in Capital goods, 0.9 percent in Intermediate goods and 4.9 percent in Infrastructure/ Construction Goods (Statement III).
The Consumer durables and Consumer non-durables have recorded growth of 4.3 percent and (-) 2.6 percent respectively.
However, the Reserve Bank of India (RBI) in its policy review in June, revised upwards its inflation projection to 4.8-4.9 percent for the first half of 2018-19.
A A
       BUSINESS
Next Article: Indian Army signs MoU with SBI on salary package
 
 
BUSINESS HEADLINES
Avis India announces free doorstep delivery, collection of self-drive cars  
Dena Bank surges 20%; BoB tumbles 14% post merger announcement  
Vijaya Bank, Dena Bank, BoB to merge: Govt  
Mother Dairy won't cut prices despite Patanjali's cheaper cow milk  
Union Bank of India exits Antwerp diamond market  
Naidu discusses bilateral cooperation in trade and defence with Serbian President  
FundzBazar crosses 2 lakh investors milestone  
Ramdev Baba’s Patanjali launches cow milk, french fries and more  
United Bank of India increases MCLR by five basis points  
RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
Google ready to comply with RBI norms for payment services, says official  
FinMin in touch with RBI for market intervention to contain rupee value  
Sensex plunges over 400 pts as rupee breaches 72.50 mark  
Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
FastFox registers 3x growth post rollout of revolutionary 'Open House' model  
Jio completes two years, aims to take India to 'top 5' in broadband connectivity  
Gold rises 0.46% on positive global cues  
Rupee pares gains, slips 7 paise against US dollar  
Bajaj Finserv rolls out exciting offers, lowest EMIs on all products  
Gadkari pitches for alternate fuels; says govt not against petrol, diesel  
US dollar ends higher against rupee  
Sensex drops 140 pts as rupee hits new low  
 
Do you think the police are delaying the arrest of Bishop Franco due to Vatican Pope's interference?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy