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Retail inflation eases to 6.77% in October

November 14, 2022 8:54 PM

Retail inflation eases to 6.77% in October

Retail inflation, based on the consumer price index (CPI), eases to a three-month low of 6.77 per cent in October this year. As per the Ministry of Statistics and Programme Implementation data released today, retail inflation came down mainly with ease in prices of Food & Beverages. The reta...

Wholesale Price Index inflation in October eases to 8.39 per cent

November 14, 2022 7:11 PM

Wholesale Price Index inflation in October eases to 8.39 per cent

Wholesale Price-based Inflation (WPI) for October eased to its lowest level since March 2021. Dropping below the double-digit mark for the first time since March of the year 2021, it eased to 8.39 per cent in October from 10.70 per cent in September.  According to the Commerce and Industry Ministry ...

Dollar pushed to its biggest two-day drop in 13 years

November 12, 2022 7:20 PM

Dollar pushed to its biggest two-day drop in 13 years

Global stocks rallied yesterday for a second day in hopes that U.S. inflation would lead to less aggressive interest rate hikes by the Federal Reserve. As a consequence,  the dollar was pushed to its biggest two-day drop in 13 years. The Dow Jones Industrial Average and the S&P 500 gained 0....

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