Skip to main content

Retail Inflation Falls To 5.72% In December, Lowest In A Year


Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to softening prices of food items, according to official data released on Thursday. #RetailInflation #Inflation...(read more)


HOW TO: Hedge Against Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Inflation in India's retail market fell to its lowest level in a year in December, according to data released by the Ministry of Statistics and Programme Implementation. The Consumer Price Index (CPI) for the month of December 2020 stood at 5.72%, a decrease of 0.2% from the November 2020 figure of 5.54%. This marks the lowest inflation rate since December 2019, when it was 5.54%. The decline was mainly due to a decrease in the prices of food items, which fell to 5.11% in December from 6.06% in November. This was mainly due to a decline in prices of vegetables, which fell to 3.36% in December from 6.93% in November. The prices of fuel and light also fell to 7.95% in December from 8.53% in November. This was mainly due to a decline in the prices of petrol and diesel, which fell to 6.47% in December from 8.45% in November. Inflation in the housing sector also declined to 6.20% in December from 6.37% in November. This was mainly due to a decline in the prices of rent, which fell to 4.95% in December from 5.19% in November. The Reserve Bank of India (RBI) had earlier estimated that the CPI inflation for December would be 5.8%. The central bank is expected to review the inflation rate when it meets for its bi-monthly monetary policy review on February 5. The fall in inflation is a positive sign for the Indian economy, which has been struggling with low growth in recent months. It is expected that the low inflation rate will help to boost consumer spending and investment, which will in turn help to revive the economy. https://inflationprotection.org/retail-inflation-falls-to-5-72-in-december-lowest-in-a-year/?feed_id=69154&_unique_id=63e52518744a4 #Inflation #Retirement #GoldIRA #Wealth #Investing #AnchorSakshiBajaj #breakingnews #consumerpriceindex #CPI #hedgeagainstinflation #inflation #inflationprotectedsecurities #latestNews #livenews #ndtv #NDTV24x7 #ndtvlive24x7englishnews #protectionagainstinflation #RetailInflation #RetailInflationFalls #SakshiBajaj #TopNews #TvTeaser #wealthprotection #InflationHedge #AnchorSakshiBajaj #breakingnews #consumerpriceindex #CPI #hedgeagainstinflation #inflation #inflationprotectedsecurities #latestNews #livenews #ndtv #NDTV24x7 #ndtvlive24x7englishnews #protectionagainstinflation #RetailInflation #RetailInflationFalls #SakshiBajaj #TopNews #TvTeaser #wealthprotection
Labels:

Comments

Post a Comment

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for ...
Post a Comment
Read more

Birch Gold Group Review 2023 – Best Gold IRA Company? Pros and Cons

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. See chapters in the description. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Chapters: 0:00 - Intro 0:26 - Is Gold a Good Investment? 1:03 - What is Birch Gold Group? 1:37 - IRA Eligible Coins 1:59 - Is Birch Gold Group a Legitimate Company? 2:50 - How Does Birch Gold Group Work? 3:34 - Birch Gold Group’s Fees and Investment Options 4:02 - Birch Gold Group Low Minimum Investment 4:29 - Birch Gold Group Storage and Security 5:34 - Con #1 – No Overseas Storage Options 5:49 - Con #2 – Initial Setup Fees 6:02 - Birch Gold Group Review Summary Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch...
Post a Comment
Read more