Page 12 - Wpi Inflation

Wholesale inflation cools to 5.7% in March even as food prices rise

The wholesale price index (WPI)-based inflation declined by 0.85 percentage points to 5.7 per cent in March over 6.5 per cent in the previous month, even as food part of it rose during the period. Going forward, particularly from July, the inflation trajectory will be decided by the behaviour of monsoon and expectations built on that to the large extent. Indian Meteorological Department is slated to provide first prediction of the monsoon for 2017 on Tuesday. The private weather forecaster SkyMet has predicted slightly below normal rains. Some economists believe that inflation, particularly food part, faces upside risks which would force the Reserve Bank of India to go for continued pause so far as the repo rate is concerned. The movement of WPI inflation was in contrast to the CPI inflation over the same period. Data released last week showed that retail inflation touched a five-month high of 3.81 per cent in March on costlier food items. Food items have higher weight of over 45 ..

WPI inflation falls to 5.7% in March due to easing fuel prices

Last month, wholesale food prices rose 3.12% y-o-y, compared with provisional 2.69% rise in February

WPI Inflation rises to over three year high at 6.5% on food, fuel prices

The data justifies the Reserve Bank of India's caution on loose monetary stance

WPI inflation to rise in next 3 months; 2017 mean to be around 4.4%: Nomura

WPI-based inflation rose to a 30-month high of 5.2% in January from 3.4% in December

Wholesale inflation at 30-month high in January on high commodity prices

Wholesale inflation rose to a two-and-a-half-year high of 5.2 per cent in January

Fuel prices pushes WPI inflation to 5.25 per cent in January

High fuel inflation pushes up index as food prices keep on falling

WPI inflation rises 3.39% in December

In November, prices rose a provisional 3.15 percent

India's wholesale prices up 3.15% in November, slowest in 5 months

Last month, wholesale food prices rose 1.54 percent year-on-year, compared with a provisional 4.34 percent gain in October.

WPI inflation at 3-month low in Sept

However, provisional estimates for Sept released on Friday may be taken with some degree of caution