Urban Inflation

Combined inflation for urban and rural areas increased to 4.41% in September 2015, from 3.74% in August. Inflation in urban areas increased to 3.61% in September, from 2.75% in August, due to a high base effect. Food inflation in urban areas increased to 3.79% in September from 1.71% in August. In urban areas, prices of vegetables remained steady year-on-year, due to the base effect. Inflation related to fuel remained steady in August, at around 3%. Inflation for housing increased marginally to 4.74%. Inflation for clothing hovered around 4%; for miscellaneous items, it increased to 2.29% in September from 2.02% in August.

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Insurance Discharge Voucher Should Not Close Claims
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‘We Look for Growth at a Reasonable Price’
Soumendra Nath Lahiri is the CIO at L&T Investment Management, since September 2012. He also...
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