Wholesale prices in US increases 0.2% due to higher food prices


  Wholesale prices in US have risen after a period of four months making food and pharmaceuticals dearer. The increase of 0.2 percent in producer-price index was reported by the report of Labor Department in Washington. In the median estimate survey conducted by Bloomberg assigned 74 economists projected 0.3 percent increase. Core producer costs excludingContinue reading “Wholesale prices in US increases 0.2% due to higher food prices”

Diwali spending of India Inc. has taken a hit from inflationary pressures


Recently a survey conducted by ASSOCHAM has revealed that owing to the sluggish economic activity, India Inc. spending on Diwali has witnessed a fall in 2012. More than 150 corporate entities were part of this survey that came from different sectors. These corporate belonged to 10 cities that included Mumbai also. Survey findings pointed atContinue reading “Diwali spending of India Inc. has taken a hit from inflationary pressures”