Core inflation Current Affairs, GK & News
According to the data released by the National Statistical Office (NSO), retail inflation in April is 7.79%. Rural inflation surged to a near 8-year high of 8.38%, whereas urban inflation was at an 18-month high of 7.09%. What is inflation? Inflation is the general rise in the prices of goods and services in an economy. ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs - 2022
According to RBI Governor, Core inflation is a better indicator of future price trends because of its less volatility. As per him an analysis of longer series of over three years shows that core inflation has statistically significant predictive power. However he added that headline inflation will surely have a larger momentum than core inflation.
Month: Current Affairs - July, 2012