Retail inflation for industrial workers eases to 3.86% in May
Wed, Jul 10, 2024 7:35 PM

Retail inflation for industrial workers eases to 3.86% in May

A Flip by Shubhangi Gupta
Get it on Google Play
Retail inflation for industrial workers decreased to 3.86% in May 2024, down from 4.42% in May 2023. The CPI-IW rose 0.5 points to 139.9 in May, with food and beverages increasing to 145.2 points, while fuel and light segment declined to 149.5 points. The moderation in inflation is a positive sign for the economy, indicating a decline in cost of living for industrial workers.

More great flips

Blum Crypto Launches Pre-Market Listing on Gate.io

Blum Crypto Launches Pre-Market Listing on Gate.io

Blum Crypto Launches Pre-Market Listing on Gate.io. Blum Crypto ($BLUM) has officially commenced its pre-market listing on the crypto exchange Gate.io, providing traders an early opportunity to engage with the token before its public launch. The pre-minting process started on Oct. 16, 2024, at 2:00 p.m. UTC, allowing users to stake USDT to mint Blum Pre-Tokens.

Open Flip
Bitcoin Approaches $70,000 Amid U.S. Presidential Election

Bitcoin Approaches $70,000 Amid U.S. Presidential Election

Bitcoin surged towards $70,000, reaching $69,450, as investors monitor the upcoming U.S. presidential election, with analysts suggesting a Trump victory could positively impact the cryptocurrency market and regulations. Bitcoin approaches a psychological resistance point, with a potential interest rate cut by the U.S. Federal Open Market Committee also influencing the market.

Open Flip
Gold, silver hit all-time high on Diwali demand

Gold, silver hit all-time high on Diwali demand

Gold price surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams while silver skyrocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa Association. Amid the intensifying conflict in the Middle East, an interest rate cut by the People's Bank of China (PBoC) aided the rally in the yellow metal as investors moved towards the safe haven assets.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon