The sharpest vegetable price fall since October 2023 and a broad-based slowdown in fuel and manufactured goods inflation pulled WPI to its lowest level in over a year
The Economic Survey, tabled by Finance Minister Nirmala Sitharaman on Friday, said food inflation surpassed 8 per cent at several points in FY25 (April-December) due to supply disruptions
CLOSING BELL ON JUNE 14, 2023: Sectorally, the BSE Metal index surged 1.6 per cent. The Energy and Oil & Gas indices were also up nearly a per cent each.
Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021
India's March wholesale price index-based inflation (WPI) surged to 14.55 per cent on rising edible oil prices and increase in power prices. WPI inflation in February stood at 13.11 per cent.
While the inflation numbers are much above RBI's tolerance band, the central bank would rather hope an urgent reduction of taxes by the govt brings down prices in the interim
The data released last week also showed that the consumer price index- (CPI-) based inflation rate declined to 6.58 per cent from 68-month high of 7.59 per cent over this period