Macroeconomic News

TABLE-India's Nov retail inflation jumps on housing, energy costs

Wed, 12th Dec 2012 06:54

Dec 12 (Reuters) - India's annual consumer price inflation accelerated to 9.90 percent in Nov

ember from 9.75

percent in the previous month, mainly driven by housing and

energy prices, government data showed on Wednesday.

India's retail inflation is the highest among the BRICS group

of emerging economies - Brazil, Russia, China, and South Africa

- and is above what the Reserve Bank of India (RBI) calls its

comfort level.

Food prices for consumers rose by 11.81 percent in November

from 11.43 percent in October.

KEY POINTS:

--------------------------------------------------------------

SUB INDEX (Weighting) Nov Oct Pct change

Pct 2012 2012

FOOD ITEMS 49.71 127.3 127.0 +0.24

FUEL AND ELECTRICITY 9.49 128.4 127.7 +0.55

HOUSING 9.77 122.4 121.6 +0.66

CLOTHING, BEDDING

AND FOOTWEAR 4.73 134.3 132.9 +1.05

SERVICES (MISC) 26.31 120.3 119.7 +0.5

---------------------------------------------------------------

Note: Weighting figures are rounded off.

Source: Ministry of Statistics and Programme Implementation.

----------------------------------------------------------------

(Compiled by Manoj Kumar in NEW DELHI; Editing by Jijo Jacob)

Keywords: INDIA ECONOMY/CPI

(manoj.kumar@thomsonreuters.com)(+91 11 4178 1012)(Reuters Messaging: manoj.kumar.thomsonreuters.com@reuters.net)

COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Back to Macroeconomic News

Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.