Inflation in wholesale market, which is a marker of price rise has come below expectations as a Reuters poll of economists had predicted WPI inflation at 4 per cent.
Inflation based on wholesale prices eased to 3.58 percent in December, government data showed on Monday.
Vegetables too witnessed some softening with annual inflation at 56.46 per cent in December as against 59.80 per cent in the previous month.
Nonetheless, the rate was well above the 2.1 percent growth logged in the corresponding period of 2016.
The index for primary articles (weight 22.62 per cent) declined by 2.9 per cent to 131.7 from 135.6 for the previous month.
The index for "Food Articles" group declined by 4.3% to 144.1 (provisional) from 150.6 (provisional) for the previous month due to lower price of fruits & vegetables (14%), peas/chawali (6%), gram and egg (5% each), rajma and poultry chicken (4% each), coffee and fish-inland (3% each), urad and tea (2% each) and maize and masur (1% each).
Data released by the Central Statistics Office (CSO) on Friday showed inflation measured by the Consumer Price Index (CPI) accelerated to a 17-month high at 5.21% in December from 4.88% a month ago. However, the price of natural gas (1%) declined.
While "Crude Petroleum & Natural Gas" group rose by 4.8% to 78.1 (provisional) from 74.5 (provisional) for the previous month due to higher price of crude petroleum (7%).
The index for manufactured products (weight 64.23 per cent) for December 2017 rose by 0.1 per cent to 114.0 from 113.9 for the previous month. The index for "Manufacturing of Wearing Apparel" group rose by 1 per cent to 138.9 in December.
"The policymakers need to take care of the continuous rise in petrol and high speed diesel prices due to rise in global crude oil prices which may have an impact on import bills and subsequent impact on exchange rates", said Assocham Secretary General D S Rawat.
The vaccine maker also clarified that the reimbursement was not done because of a quality issue with Dengvaxia. The Senate Blue Ribbon committee is now probing the procurement of Dengvaxia by the previous administration.
The Gratitude Day observes the 46th death anniversary of Sayali U Ba Khun and 2nd death anniversary of Mrs. He also laid the foundation stone for Dhammalaya-2, a meditation centre, at the Global Vipassana Pagoda.
China , se agrega en el escrito citado por DPA, tiene una "posición clara": se opone a las sanciones unilaterales de un Estado. El actual Gobierno de Donald Trump presentó este viernes un ultimátum a Europa para evitar romper el acuerdo nuclear iraní.
Shares in SoftBank surged on the report in morning trade, at one point rising as much as 5.8% from Friday's close to 9,460 yen. The overseas listing at the same time could possibly be in London as SoftBank Group's Vision Fund is based in London.
The institutional investors in our partner's database reported: 139.79 million shares, down from 143.22 million shares in 2017Q2. It dropped, as 43 investors sold CMA shares while 147 reduced holdings. 50 funds opened positions while 152 raised stakes.
UFC president Dana White broke down his reaction to last night's (Sun., January 14, 2017) UFC Fight Night 124 from St. The UFC lightweight division is just about ready to move on without Conor McGregor .
It comprises Hero Nani as Krishna in a serious mass role putting Red shirt on his top with Black banian under it. One role will be romancing Anupama Parameswaran and the other character will love new beauty Ruksar Meer.
Always, I told our fans, he is happy", Pochettino said. "For Harry it's so special to win titles and trophies at Tottenham. Aaron Lennon will face his former team on Saturday. "Not only in football, it's general society".
Marinac now forecasts that the bank will post earnings of $3.01 per share for the year, up from their previous estimate of $2.84. The firm operates through four divisions: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating divisions.
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The play he chose was. odd, to say the least. "His toughness is exemplified in all that he does", Quinn said. Get prep sports breaking news alerts from the Gwinnett Daily Post staff delivered to your email.
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