Forex Cult

Forex Cult is A Forex News and Articles site, NOT a FOREX Service Provider.

Home | News | Articles | Rates & Charts | Trade Now | Trading Software | Contacts | About
Fri, Nov 21 2008, 02:25 GMT New York  22:25 London  03:25 Barcelona  03:25 Tokyo  12:25 Sydney  14:25
EUR/USD  1.2461 | -1.37%      GBP/USD  1.4755 | -1.92%      100 JPY/USD  1.0605 | 2.47%      AUD/USD  0.615 | -4.85%      CHF/USD  0.8152 | -1.74%      CAD/USD  0.7742 | -4.19%      USD/JPY  94.2942 | -2.41%      
Special Offer
FREE Forex Trading Course Deposit $250 in an FXCM Micro account and receive the DailyFX Power Course FREE OF CHARGE. FXCM Micro is a discount brokerage service offering super low spreads, 1k lot sizes, and flexible 400:1 leverage. Click below to learn more. Currency trading involves risk of loss. Leverage magnifies both gains and losses.
Search Site
Currency Converter
Amount
Rates update: 2008-11-19
 
India's wholesale price index jump to a surprise tenth of a percentage point
 Posted on Jul-06-2007


According to the official data shown last Friday, there is an increase in the interest rates of inflation by 10% points on the recent survey this week, due to the increase in the pricings of food, but it is still on a 14-month low.

The index in wholesale pricings, the most closely seen monitor in the cost-of-living in India, there is an increase in inflation at 4.13% last June 23, from the 4.03% earlier this week.

At the same term that was last year its 4.84%. Wholesale Price Index figures, they are above the expectation of the analysts in a flat result, it was still comfortable within the terms of the central bank target of 4 to 4.5%.

The central bank will be focused on to watch the inflation patterns in advance for the next review on policy hold on July 31, as told by economists.


Digg   Reddit   del.icio.us   Google   Yahoo   Technorati

Related FOREX News

General Price Index of Brazil Hikes to 0.15%
Jul 14 2007, 12:00 - 0 Comments
Pricing Index for the Wholesale Goods, Japan Jumped to 2.3%
Jul 11 2007, 15:30 - 0 Comments
Sweden’s Consumer Price Index, Lowered From April, Rise Yearly
Jun 12 2007, 22:00 - 0 Comments
Relationship of Australian Dollar and Retail Sales
Jul 02 2008, 21:19 - 0 Comments
Hungary CPI is up 0.8 since April
Jun 12 2007, 12:00 - 0 Comments

Comments & Responses

Word Above: 
Name: 
Comment: 
 
Automatic Translation
Copyright Since 2007 ForexCult.com. All Rights Reserved.