India inflation hits double digits in August

Rising food prices pushed CPI inflation to 10%.

According to BBVA, India's CPI inflation edged higher to 10.0%y/y in August from 9.9% in July, driven by rising food prices. Last week, the more closely watched benchmark WPI inflation outturn for August showed a jump in inflation to 7.6% y/y from 6.9% previously, suggesting persistent price pressures, particularly with respect to commodities.

"Even after the RBI’s decision yesterday to leave interest rates unchanged in view of the persistent inflationary pressures, we still expect another 50 bps of interest rate cuts over the rest of 2012 amid rising growth concerns and recent positive steps toward policy reforms," BBVA said.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia