India's inflation rises faster than forecast in November

Source: RTT News
Annual inflation in India accelerated in November with the main inflation gauge rising by more than economists originally expected as primary articles prices increased 15.92% and food prices added 19.93%, the Ministry of Commerce showed in a report on Monday. India's wholesale inflation index gained from 7% to 7.52% on an annual basis in November.

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Mon, 16 Dec 2013 09:37:06 GMT

Yen advances from 5-year low before Fed's meeting

The Japanese currency strengthened on Monday rebounding from the lowest level in five years as investors weighed U.S. economic data before a policy meeting of the U.S. Federal Reserve that is forecast to bring a monetary policy tightening. The Yen jumped 0.4% to 102.84 per U.S. Dollar by 6:35 a.m. London time and increased 0.3% to 141.45 a Euro.

Mon, 16 Dec 2013 09:15:03 GMT

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