All Commodities Primary Articles Manufacturing Fuel & Power Retail Inflation
Mar 2012 7.69 10.41 5.16 12.82
Apr 2012 7.50 9.55 5.27 11.03
May 2012 7.55 10.88 5.02 11.53
Jun 2012 7.25 10.46 5.00 10.27
Jul 2012 6.87 10.39 5.58 5.98
Aug 2012 7.55 10.08 6.14 8.32
Various CPI indices show a sharp rise in retail inflation from January 2012 onwards. Inflation Trends since January 2012 (in %) WPI CPI-IW Jan-12 6.89 5.32 Feb-12 7.36 7.57 Mar-12 7.69 8.65 Apr-12 7.50 10.22 May-12 7.55 10.16 Jun-12 7.25 10.05 Jul-12 6.87 9.84 RBI has stressed that despite significant slowdown in growth, there is only some moderation in core inflation and not in headline or CPI inflation. This is because of serious supply bottlenecks and downward ‘sticky’ inflation expectations. RBI’s first quarter review of Annual Monetary Policy Statement for 2012-13 revised the baseline projection for WPI inflation for March 2013 from 6.5% ?
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