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…
On the back of declining prices for manufactured goods and fuel, wholesale price-based inflation inched down to a 29-month low of 1.34 percent in March, despite rising food costs. The wholesale pricing index (WPI)-based measure of inflation has decreased for ten consecutive months, starting in March. From 3.85% in February to 14.63% in March 2022,…
According to data provided by the Commerce Ministry on Tuesday, India’s wholesale inflation, which is based on the all-India Wholesale Price Index (WPI), decreased to 3.85 % in February from 4.73 % in January. This is less than the 4% prediction made by Reuters. The data made public indicate that the decrease in the rate…
Factory inflation, as assessed by the wholesale pricing index (WPI), decreased to 4.73 percent in January from 4.95 percent in December, following a different trend from retail inflation. Retail inflation based on the Consumer Price Index was reported by the National Statistical Office (NSO) as being 6.52 percent in January as opposed to 5.72 percent…
Wholesale inflation (WPI) in India continued to decline, dropping from 13.93% in July to an 11-month low of 12.41% in August. The wholesale pricing index remained in double digits for the 17th consecutive month in August despite the slight cooling off. The increase in inflation shown in the food articles section, up from 10.77% in…
India’s economic growth is accelerating, and after increasing until April 2022, inflation has declined. Mid-September 2022’s monthly macroeconomic data releases are anticipated to continue most of these tendencies world economy is presently experiencing a significant slowdown in growth. Nevertheless, despite some initial signs of a slowdown, average global inflation is still very nearly at its…
The wholesale price-based inflation soften to a five-month low of 13.93% in July on easing prices of food articles and manufactured products. The WPI-based inflation softened for the second consecutive month in July, developing hopes of further decline in wholesale prices in the months to come. The Wholesale Price Index-based inflation, after scaling a record…
Producers’ inflation based on the Wholesale Price Index (WPI) decreased to 15.1% in June against 15.9% in May, the Ministry of Commerce and Industry said in a release on Thursday. On Tuesday, the Statistics Ministry said retail inflation based on the Consumer Price Index (CPI) dropped to 7.01% in June from 7.04% in May. Notably,…
