Chart usGOLD   Chart usSILVER  
 
Food for thought
It wasn't raining when Noah began to build the Ark
Warren Buffet  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1216.000.90
Silver 17.81-0.01
Platinum 1333.251.50
Palladium 810.002.25
WORLD MARKETS
DOWJONES 1728013
NASDAQ 4580-14
NIKKEI 16321254
ASX 543718
CAC 40 4461-3
DAX 97991
HUI 208-4
XAU 87-2
CURRENCIES (€)
AUS $ 1.4370
CAN $ 1.4062
US $ 1.2829
GBP (£) 0.7875
Sw Fr 1.2068
YEN 139.8900
CURRENCIES ($)
AUS $ 1.1206
CAN $ 1.0945
Euro 0.7795
GBP (£) 0.6141
Sw Fr 0.9400
YEN 109.0100
RATIOS & INDEXES
Gold / Silver68.28
Gold / Oil13.15
Dowjones / Gold14.21
COMMODITIES
Copper 3.090.00
WTI Oil 92.45-0.62
Nat. Gas 3.84-0.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
India's inflation pressures stay high
Published : November 19th, 2012
138 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
Asia Times, in its November 16, 2012 article, reports that India's inflation pressures stay high.

Extract :
Keywords :   India | Monetary Policy |

 

 

 

 

India's latest inflation figures, as shown in October Wholesale Price Index (WPI) data released on Wednesday, came in at 7.45% year-on-year (y-o-y), lower than the 7.81% increase recorded during September.



What is disconcerting is that the August inflation number was again revised upward, this time by 0.46 percentage points to 8.01%, the highest since September 2011. Between January 2010 and August this year - 32 months - the inflation number was unchanged only once; thrice it was revised lower while it was



This continuous upward revision brings to question the credibility of the inflation data and, given its clear upward bias, makes it that much more difficult for the Reserve Bank of India to make an appropriate monetary policy call. There is every likelihood that the September and October data will be revised upward, perhaps again beyond 8%.

 

 

Read the rest of the article at Asia Times
Data and Statistics for these countries : India | All
Gold and Silver Prices for these countries : India | All
Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Inflation
All articles by
Inflation
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis
Most recent articles by Inflation
6/11/2014
5/29/2014
12/8/2013
11/19/2012
9/7/2012
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer