14 Jun 2010
(MENAFN) A report issued by the Indian Ministry of Commerce and Industry showed that the country?s most-tracked inflation indicator wholesale price index mounted to 10.16 percent year on year in May, 1.7 percent higher from 9.59 percent in April, AP reported.
The high inflation number echoes to near-record 17.6-percent hike of industrial production index in May and is expected to force Indian central bank to raise interest rate prior to its policy meeting in the end of July.
Meanwhile, the government revised the inflation figure in March to 11.04 percent from provisional 9.9 percent, in comparison of upward-revised 10.06 percent of inflation in February.
The inflation continues to spread to the manufacturing sector from food articles though processed food prices saw sequential dip of 1.1 percent in May.
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more