SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India’s CPI-inflation rises to 10.91% in February

12 Mar 2013 Evaluate

Disappointing the market expectations of rate-cut at RBI’s monetary policy review, annual rate of inflation, based on the consumer prices index (CPI), crept higher in the month of February at 10.91% - the fifth consecutive monthly rise. The price-rise was mainly on account of higher prices of vegetables, edible oil, cereals and protein-based items.

According to the data released, provisional annual inflation rate based on all India general CPI (Combined) for February 2013 on point to point basis stood at 10.91% as compared to 10.79% final inflation number for the previous month of January 2013.

As per the Ministry of Statistics and Programme Implementation, which released the monthly provisional CP on Base 2010=100 for February along with the final inflation rates for January 2013, all India provisional General (all groups), CPI numbers of February 2013 for rural, urban and combined were at 128.1, 125.8 and 127.1 respectively. The corresponding inflation rates for rural and urban areas for February came in at 11.01% and 10.84% respectively. While, inflation rates (final) for rural and urban areas for January 2013 are 10.79% and 10.73% respectively.

India has the highest retail inflation among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa -- and is way above the Reserve Bank of India (RBI)’s comfort level. Further, the data for Wholesale Price Index (WPI)-based inflation is expected on March 14. The inflation based on WPI for January stood at 6.62%, much higher than RBI's comfort level of 5-6%.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×