India's CPI Retail Inflation - 5.91 Percent in March 2020

India's CPI Retail Inflation - 5.91 Percent in March 2020


The Consumer Price Index - Retail Inflation stood at 5.91 Percent in month of March 2020. It is noteworthy that this rate of inflation is said to be Four months low. Increased Retail Inflation since the beginning of 2019, coupled with declining Demand Consumption has also led to a low in this rate.

The said above Inflation rate is also considered to below Market Expectation. The Prices of Food, Vegetables and Fruits for the month of March 2020 are lower than the previous month - February 2020.

Food Inflation fell to 7.82 Percent in the month of March 2020, earlier it was 9.50 Percent in the month of February. Vegetables prices are come down to 18.63 Percent from the earlier 31.60 Percent.

The Fruits are priced below 4 Percent in the last month. The Inflation rate on Pulses and its products is about 16 Percent. At the same time, the prices of Cereals and Milk Products rose slightly in March 2020.

There was a little or no change in the prices of Realty, Clothing and Footwear. Light and Fuel prices rose slightly to 6.60 Percent at the end of March 2020. Earlier, it was said to 6.4 Percent in the month of February 2020.

The Wholesale - WPI Inflation stood at One Percent for the March 2020. It was 2.26 Percent in the February. The Demand for Food products and Essential Commodities is in a different state at Present.

Food prices will continue to rise in the upcoming weeks, while the rate of inflation for the other goods and services will fall short of demand due to Covid-19. In the way of Lock down, the demand for essentials has only increased.

Kindly share your views / comments with a smile :)

www.richinvestingideas.com

Comments

Post a Comment

Popular posts from this blog

What's your Earning - A Personal Cash Flow Meter

Image
What's your Earning  - A Personal Cash Flow Meter Earning money, isn't an easy one ? Absolutely, Earning money is an easy one, but it's hard to keep (grow) it. I mean that the Jobs and Earning money are easy on these techie days. Somebody have the value on their Dignity, Prosper and many of us have, earning more (Money) is a big value. Still, few one can make easy and more of them think that, it's hard to earn. Everyone of us, feeling that the rich one have more money and other's can't. But is it a right away to tell ? Not always, many of us hurting their health to make wealth (Money). Even Apple's Steve Jobs had earned a lot and respect too, but the health was not support for him. I am not telling you that, you have to earn more to be Rich (or) Financially Independent . The think is, how you utilize the earnings and to grow, while you have a little money or No job. What you have Earned ? As an individual, he earns  ₹  1,00,000 /- salary per month and spend
Read more

Infosys reported a net profit of Rs.5,945 Crore in Q1FY24 - Quarterly Results

Image
 Infosys reported a net profit of Rs.5,945 Crore in Q1FY24 - Quarterly Results   Infosys Limited - India's second largest IT Company after TCS, recently reported it's first quarterly results for the Financial year 2023-24. In the said April - June quarter, the company's revenue was Rs.37,933 Crore and the expenditure is said to be Rs.28,869 Crore as well. The Operating Profit were stood at Rs.9,064 Crore and the Operating Profit Margin(OPM) of 24 Percent in the First quarter of FY2024. It is noteworthy that the average of Quarterly OPM's are above 24 Percent for Infosys Limited. As other income, the company earned Rs.561 Crore in the June Q1 results.   Profit Before Tax(PBT) were stood at Rs.8,362 Crore and the bottom line which was the Net Profit is said to be Rs.5,945 Crore. As compared to the previous year's June quarter 2022-23, the current revenue has grown by 10 Percent and the Net Profit has also grown by 11 Percent. In the Past, the EPS was stood at Rs.12.74
Read more

10 Years of TATA Motors Ltd - Financial Statement - Fundamental Insights

Image
10 Years of TATA Motors Ltd - Financial Statement - Fundamental Insights   Tata Motors Limited is a leading global automobile manufacturer and India's second largest company in Automotive segment next to Maruti Suzuki. It is the part of Tata Group, an Indian multi-national conglomerate which provides its products and services on Buses, Cars, Defense Vehicles, Sports utility vehicles, Trucks and other related automotive in it's segment. It is noteworthy that Tata Motors bought the famous and iconic brands Jaguar and Land Rover in the year 2008, from the Ford Company. Tata Motors is the leading player in the Commercial vehicle segment with a market share of around 45 Percent as per the FY2022. It is also said to be a Market leader in the EV segment with a market share of around 87 Percent in the year FY22 in India. The company's last dividend was declared in the year 2016 for the Financial year 2015-16 with an amount of Rs. 0.20 per Share. Tata Motors Ltd is trading in the In
Read more