Page 3 - Wholesale Inflation

US wholesale inflation eases to 7.4% in Nov; 5th straight slowdown

Wholesale prices in the United States rose 7.4 per cent in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool. The latest year-over-year figure was down from 8 per cent in October and from a recent peak of 11.7 per cent in March. On a monthly basis, the government said Friday that its producer price index, which measures costs before they reach consumers, rose 0.3 per cent from October to November for the third straight month. Rising prices are still straining Americans' finances, particularly for food, rent and services such as haircuts, medical care and restaurant meals. Yet several emerging trends have combined to slow inflation from the four-decade peak it reached during the summer. Gas prices have tumbled after topping out at USD 5 a gallon in June. Nationally, they averaged USD 3.33 a gallon Thursday, according to AAA, just below their average a year ago. And the supply chain snarls tha

Sensex falls 171 pts, Nifty holds 18,300; Dr.Reddy's down 4%, LIC jumps 6%

CLOSING BELL: The key benchmark indices gyrated in a narrow trading band on Monday, before settling with losses as FMCG stocks slipped.

Unmistakable slowdown: Some indicators disappoint, some flatter to deceive

It is hard to square the picture painted by the different indicators with the RBI's 7% full-year growth forecast. The World Bank's revised forecast of 6.5% may be closer to the mark, writes T N Ninan

WPI-based inflation softens to 11-month low at 12.41% in August

However, this is the 17th consecutive month since April 2021 that the factory-gate inflation has remained in the double digit, primarily driven by rising energy and food prices

June WPI-based inflation cools to 15.18% from May's four-decade high

June WPI inflation of 15.18 per cent comes on the back of a high base of 12.07 per cent for the same month in 2021

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts

Economists expect 40-50 bps hike in repo rate by MPC next month

Statsguru: From food to fuel, here's how rising prices are affecting us

In April, the wholesale food price index rose 8.9 per cent, while the consumer food price index rose 8.4 per cent

Current WPI series to be scrapped, new one with 2017-18 as base yr on cards

Approval of various committees being sought before the new series is released

Tough Inflation control steps achieve intended goals, but at no small cost

While the steps have had the desired impact to some extent, experts have criticised them for burdening farmers and going against the concepts of open markets and 'atmanirbharta'

Market wrap: Benchmarks end lower for a second day; Sensex slips 166 pts

NBFCs to come under the ambit of PCA framework from Oct 2022; Anand Rathi Wealth debuts at 9% premium; WPI-based inflation hits 12-year high of 14.2% in Nov

High fuel prices push up August WPI inflation to 11.39%

WPI inflation rose marginally even as retail inflation measured by Consumer Price Index slipped to a four-month low of 5.30 per cent as prices of manufactured products spiked

Japan's wholesale inflation hovers near 13-yr high as material costs rise

The corporate goods price index, which measures the price companies charge each other for their goods and services, rose 5.5% in August from a year earlier

Wholesale inflation eases to 11.16% in July as food prices soften

The wholesale price index (WPI) inflation is at a three-month low but remained in double digits in this fiscal year so far

Wholesale inflation eases to 12.07% in June despite spike in fuel price

Wholesale inflation came in at (-)1.81% in June 2020, due to the implementation of a stringent nationwide lockdown

Top headlines: CIL Q4 net drops marginally; May retail inflation at 6.3%

Business Standard brings you the top news of the evening

Wholesale inflation soars to 10.49% in April on higher fuel prices

Prices of primary articles were up 10.16% in April from -1.08 per cent a year ago; little scope for rate cuts, say experts

March WPI inflation at 8-yr high; economists see it in double digits in May

Hopes for policy rate reduction in near term dim even as economic uncertainty looms large amid the second Covid-19 wave

WPI inflation up 2.03% on factory goods and fuel, room for rate cut shrinks

WPI shows divergent trend from CPI counterpart, which fell to a 16-month low of 4.06%

As food prices ease, wholesale inflation comes down to 1.22% in December

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices

WPI inflation rises to 8-month high of 1.48% on pharma, metal prices

Food inflation eases but onion, potato and pulse prices firm up