Tag: Consumer price inflation

U.K. Inflation rises further above Bank of England’s target in November

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U.K. Inflation rises further above Bank of England’s target in November

As inflation rates have fallen from multidecade highs, the central banks have started cutting interest rates. File (representational image) | Photo Credit: Reuters Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed on Wednesday (December 18, 2024). The Office for…

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Rural inflation still over 5%; food inflation nears 9% in urban India

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Rural inflation still over 5%; food inflation nears 9% in urban India

With prices rising 17.14% in May, pulses have now completed a year of over 10% inflation. File | Photo Credit: The Hindu India’s consumer price inflation eased a tad from 4.83% in April to a one-year low of 4.75% in May, but food price rise remained unchanged at 8.7%, with urban households facing a sharper…

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After a 11-year gap, Centre discloses key consumption expenditure survey data

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After a 11-year gap, Centre discloses key consumption expenditure survey data

As per the latest All India Household Consumption Expenditure Survey, the average monthly per capita consumption expenditure in Indian households rose by 33.5% since 2011-12 in urban households to ₹3,510, with rural India’s MPCE seeing a 40.42% increase over the same period to hit ₹2,008. File | Photo Credit: The Hindu For the first time…

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