The Ministry of Commerce & Industry announced provisional data indicating that the annual rate of India’s wholesale pricing index (WPI)-based inflation increased to 1.26 percent in April from 0.53 percent in March. A 13-month high was reached by the WPI in April, surpassing the Reuters forecast of 1% WPI inflation as predicted. According to the…
October’s wholesale price index-based inflation was (-) 0.52%, which was in the negative for the seventh consecutive month due to declining food costs. As of September 2023, the WPI-based inflation rate was (-) 0.26 percent, having been in the negative since April. WPI was 8.67 percent in October of the previous year. Food item inflation…
Based on statistics given by the Ministry of Commerce & Industry, India’s inflation for the month of September 2023 was (-)0.26% (Provisional) for the wholesale pricing index (WPI). In August 2022, the WPI inflation rate was (-)0.52%, while in September 2022, it was 10.55 percent. Since April, the WPI-based inflation rate has been negative for…
Due to falling costs for food, gasoline, and manufactured goods, the wholesale price-based inflation rate in May decreased by (-) 3.48 percent, reaching a three-year low. The inflation rate based on the wholesale pricing index (WPI) has been negative for two months in a row. The value for April was (-) 0.92 percent. The WPI…
