Consumer price inflation also slowed last month as food prices fell, the National Bureau of Statistics (NBS) said in a statement
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
The consumer price index rose 6.8 per cent in the 12-month period ending in November, the fastest annual pace in almost 40 years, according to the US Labor Department
Rating agency Icra said high Wholesale Price Index inflation is a blessing in disguise for toll road projects as toll collections are set to witness 14-15% growth in 2022-23
While Nagel acknowledged that temporary factors are partly to blame for current pressures, he also called the medium-term outlook 'exceptionally uncertain'
The survey, which was conducted between Nov. 5 and Dec. 1, also showed more households expect prices to rise five years from now compared with the previous survey in September.
Sri Lanka is facing a deepening financial and humanitarian crisis that could lead it to bankruptcy in 2022 as inflation rises to record levels, said a media report.
Likely surge in bond yields along with rising Covid cases are expected to weaken the Indian rupee during the upcoming week.
Traders were unmoved by euro zone inflation rising to 5% in December, a record high figure that was above analysts' consensus forecast for 4.7%
Consumer prices jumped 5% from a year earlier in December -- faster than the previous month's 4.9% gain and more than the 4.8% median estimate in a Bloomberg survey of economists
The rise was led by a surge in energy prices, according numbers released Friday by the European Union's statistical office
Targeting his own party's government over inflation and unemployment, local BJP MP Varun Gandhi on Wednesday said important resources of the country were being sold in the name of privatisation.
Erdogan said they will increase salaries for civil servants by 30.5 per cent and they will ensure an inflation level-based increase in the pensions of the retired citizens
The yearly inflation rate was the highest since September 2002
Bharatiya Janata Party has given 'inflation' as a new year gift to the people of the country, Congress leader Charanjit Singh Sapra said on Sunday.
Cystal ball gazing for the trends and challenges for the banking sector in the New Year
With rising inflation in Pakistan, the Imran Khan government on Thursday tabled a mini-budget in the assembly, proposing to raise a variety of taxes in the country
Key reasons: Inflation, Omicron fears, uneven rainfall hurting crop production
Looking back, 2021 was a bad year for consumers as they grappled with high prices and many also saw decline in incomes, job as well as business losses
Rising Covid cases globally have the potential to impact capital flows as well as heighten inflation, said India Ratings and Research (Ind-Ra)