- Wealth PMS (50L+)
Consumer Price Inflation has come in at a whopping 10.36% for April 2012.
The March number has been revised marginally down from the first reported 9.47% to 9.38%.
The divergence is increasing and if you see the real change, it seems to be in the components not even visible in the WPI:
Housing, Clothing and "Others" are in serious double digits, and this is where the retail pinch is being felt. And you ask us why we buy gold.