Threat of Inflation Subsides

06 January 2012 - Which Way to Pay

Email Article Print Article
    


Threat of Inflation Subsides

India’s 10 year bonds achieved extensive gains since May 2010 on newly found confidence that decreased food prices will put an ease on inflation. India’s food prices saw a late fall in December last year with the wholesale price index for food articles falling to 3.36% from the year before. This drop, the first in five and a half years, suggests that inflation could ease.  According to Jyotinder Kaur, an economist at HDFC Bank, "This gives us some near-term comfort from high food inflation and also points to easing general inflation."

The data has caused interest rates to peak. The Reserve Bank of India has said that weakening economic growth is still the focus of attention as the threat of inflation subsides. There has yet to be any comment as to whether the Reserve Bank will bring rates down but Subir Gokarn, who deals with monetary policy, has said “That will depend on how the inflation momentum is playing out.” Interest rates have been raised 13 times since March 2010. The strong data released today and the better than expected PMI figures released on Monday definitely show that India is course for change. However, India’s economy faces difficulties ahead considering not only the domestic indicators but also the global economic condition.

363.gif
 

PRODUCT RANGES:

CURRENCY EXCHANGE
Compare Foreign Exchange and Currency >>

LOAN PRODUCTS
Compare Loan and Debt Products >>

CARD PRODUCTS
Compare Cards Products >>

MONEY PRODUCTS
Compare Money Products >>

INSURANCE PRODUCTS
Compare Insurance Products >>

When the planning starts for that special day in everyone's lives , There is always the worry and stress of how much strain it is going to put on your financial situation . Marriage loans are helping lots of people to ease this stress.
08 August 2015
Which Way To Pay
Marriage loans have been introduced to help prepare for the expense you will incur when celebration the most special day of everyone's life.
Read More >>
As everyone wants that big day to be perfect , there is also a hefty cost that comes with it .
14 May 2015
Which Way To Pay
Marriage isn't a cheap affair that's why Marriage loans have proven so popular across India.
Read More >>
Everyone want the best education , But financially this can be a worry
07 October 2014
Which Way To Pay
Getting the best education is the main priority in most people's lifetime.
Read More >>