Thursday, December 12, 2013

CPI Inflation at all time high

The retail price (CPI) index-based inflation jumped to an all-time high of 11.24%, driven primarily by high vegetable prices. The inflation stood at 10.09% in October, entering double digits for the first time  in six months. The biggest culprit was vegetables where the inflation zoomed to 61.60% in November against 45.67% in October. Overall, food and beverages  inflation rose to 14.72% from 12.56%  over  the period.

High retail as well as wholesale inflation could spoil the rally going on in equities as further rise in interest rate is inevitable. Economists think  that RBI would  tighten monetary policy further at  its review  next week.


Oct,  12
Nov, 12
Dec, 12
Jan, 13
Feb, 13
Mar, 13
Apr, 13
CPI Inflation
9.75%
9.90%
10.56%%
10.79%
10.91%
10.40%
9.30%
WPI Inflation
7.32%
7.24%
7.31%
7.31%
7.28%
5.65%
4.77%

May, 13
June, 13
Jul, 13
Aug, 13
Sep, 13
13-Oct
Nov, 13
CPI Inflation
9.31%
9.87%
9.64%
9.52%
9.84%
10.09%
11,24%
WPI Inflation
4.58%
5.16%
5.85%
6.10%
6.46%
7%

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