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Home >> Economy of the Month >> Economy of the Month of August 2006

MONTHLY TRENDS IN MAJOR ECONOMIC INDICATORS

(FOR THE MONTH OF August 2006)

Economy of India Insurance In India Mortgage in India
 

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 5th August 2006 rose by 0.1 percent to 204.3 (Provisional) from 204.1 for the previous week.

The annual rate of inflation, calculated on point-to-point basis, stood at 4.82 percent (Provisional) for the week ended 05/08/2006 (over 06/08/2005) as compared to 4.61 percent (Provisional) for the previous week and 3.78 percent during the corresponding week of the previous year.

VARIABLES

LATEST FIGURES AVAILABLE

Annual Rate of Inflation

4.82 (week ended on Aug-5, 2006)

Bank Rate

6.00 (Percent per annum.)

Cash Reserve Ratio

5.00 (Percent per annum.)

Deposit Rates.

a) 30 days and one year

3.00-6.00 (As on June 9,2006.)

b) 1 year and above

6.25-7.00 (As on June 9,2006.)

Prime lending Rate

10.75-11.25 (As on June 9,2006.)

Money stock measures (RS in crores)

a) M 1

8,08,487 (As on June 9, 2006)

b) M3

27,87,595 (As on June 9, 2006)

Value of Imports

13,764 (As on June 9,2006) (US $ Million)

Value of Exports

6,744 (As on June 9,2006) (US $ Million)

Balance of Trade

-3,797 (As on June 9,2006) (US $ Million)

Foreign currency Assets

1,55,716 (As on June 9,2006) (US $ Million)