Thursday, February 26, 2015

India's inflation looks South: Economic Survey


Inflation shows a declining trend during the year 2014-15 (April-December)
Average WPI inflation declines to 3.4% in 2014-15 (April-December) as against an average of 6% during the previous year

WPI food inflation falls to 4.8% during April-December, 2014 after a high of 9.4% in 2013-14

CPI inflation touches an all time low of 5% in Q3 of 2014-15 after remaining high at 9-10% for last two years

Government measures to control food inflation and persistent decline in crude prices results in declining trend in inflation

Source: Press Information Bureau, Government of India

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