Page 3 - India Wpi Inflation

Experts see WPI inflation rising in second half of ongoing fiscal year

The Wholesale Price Index (WPI) in India is likely to rise in the second half of the ongoing fiscal and a prolonged deflationary trend could impact growth, experts said on Monday. Wholesale inflation remained in the negative territory for the sixth straight month in September at (-) 0.26 per cent on easing prices of food items, especially vegetables. Deflation in WPI in September is primarily due to the fall in prices of chemicals and chemical products, mineral oils, textiles, basic metals, and food products as compared to the year-ago period, the commerce and industry ministry said on Monday. "In September, the WPI exhibited its sixth consecutive month of contraction, with a decline of 0.3 per cent year-on-year (y-o-y), lower than the previous month's contraction of 0.5 per cent," CareEdge Chief Economist Rajani Sinha said. "The continued contraction in WPI can be attributed to the deceleration in food prices, as well as the ongoing decline in fuel and manufactured product prices,

India's food price surge forces government measures to improve supplies

The measures could cumulatively cost the government over $12 billion, the government sources said

July WPI-based inflation comes at -1.36% as food prices skyrocket

WPI inflation in primary articles was considerably higher at 7.57 per cent as compared to July last year

Easing inflation helps FMCG, retail register healthy sales growth in June

The footwear category grew as well but was not among the better-performing verticals with a year-on-year sales growth of 2-3% in May

May WPI inflation cools down further to -3.48%, lowest since November 2015

This is the second month in a row when wholesale inflation in India has been in the negative territory

Core inflation still remains elevated, may not fall below 5% in FY24

The core inflation has remained stuck in the range of 5-6.6 per cent for over two years

WPI enters deflation in April first time in 3 yrs as mfg item prices dip

WPI declines to 34-month low of -0.92% on the back of high base effect

March WPI inflation drops to 1.34%; food inflation slows to 2.32%

WPI inflation: This is the tenth straight month of decline in WPI-based inflation

At 3.85%, India's wholesale inflation falls to lowest since January 2021

Earlier on Monday, the government data showed that the Consumer Price Index (CPI)-based inflation was at 6.44% in February

Climbing wheat prices take cereal inflation to a high of 16.12% in Jan

Some delay in offloading central wheat stocks causes spike

India's wholesale price inflation eases to two-year low of 4.73% in January

The price fall is mainly attributed to a fall in food prices, especially vegetables

FIIs turn net buyers; invest $840 million in Indian bonds in 2023 so far

Foreign institutional investors have purchased $840 million worth of Indian bonds so far in 2023. This is a change in the trend as they were net sellers of bonds in the years 2022 and 2021

WPI inflation falls to 4.95% in December from 5.85% in previous month

Inflation in manufactured products was 3.37 per cent during the month

India's November wholesale inflation eases to 21-month low of 5.85%

WPI-based inflation remained below the double-digit mark for second consecutive month in November

WPI inflation eases to 18-month low of 10.7% as pricing pressure softens

The data released on Wednesday showed CPI-based inflation again shot up to 7.6 per cent in September, up from 7 per cent in August

WPI inflation eases to 5-month low of 13.93% in July; food prices soften

India's wholesale price inflation in July eased to lowest in five months at 13.93 per cent against 15.18 per cent in June

Inflation risk has peaked in Asia; rate hikes may moderate: Morgan Stanley

Inflation as measured by the CPI index stood at 7.04 in May 2022, higher than the Reserve Bank of India's (RBI's) comfort zone of 2 - 6 per cent

WPI inflation in May accelerates to 15.88% on higher food prices

The latest figure also makes it historically the highest in 31 years since September 1991 (16.31 per cent)

WPI inflation spikes to record 15.88% in May as heatwave stokes food prices

The Wholesale Price Index (WPI)-based inflation maintained its increasing trajectory for the third month in a row, and remained in double digits for the 14th consecutive month since April last year

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