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Monday, December 14, 2009

Food inflation a matter of concern - FM

Inflationary pressures on food items in India is a matter of concern, Finance Minister Pranab Mukherjee said on Monday.

Data showed on Monday wholesale price index rose 4.78 percent in November from a year earlier, higher than previous month's annual rise of 1.34 percent.

The food price index rose an annual 16.71 percent in November from a year earlier.

"There is an inflationary pressure on food items. It is a matter of concern," Mukherjee told.

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GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 27
18:45 Fed's Hammack speech 2
19:30 Michigan Consumer Expectations Index 2 58.1 58.4 58.4
19:30 UoM 1-year Consumer Inflation Expectations 2 5.0% 5.1% 5.1%
19:30 Michigan Consumer Sentiment Index 2 60.7 60.5 60.5
19:30 UoM 5-year Consumer Inflation Expectation 2 4.0% 4.1% 4.1%
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Saturday, Jun 28
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