The WPI food inflation in April was 0.17 per cent as compared to 2.32 per cent in March
Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said. Markets will also react to industrial production data and consumer inflation numbers that were released after market hours on Friday. "Participants will react to macroeconomic data viz. IIP and CPI first, which were released post-market hours on Friday. WPI inflation data is also scheduled on May 15. Apart from economic releases, global cues, especially the performance of the US indices and the trend of foreign flows will also be in focus for cues," said Ajit Mishra, VP - Technical Research, Religare Broking Ltd. Retail inflation declined to an 18-month low of 4.7 per cent in April mainly due to falling prices of vegetables, oils and fats, and came closer to Reserve Bank's target of 4 per cent, showed government data released Friday. India's industrial production growth slipped to a five-month low of 1.1 per cent in March from 5.8 per cent in ...
It was for the sixth consecutive month that wholesale inflation was down to single digits, after remaining in double digits for 18 months
WPI inflation: This is the tenth straight month of decline in WPI-based inflation
Uptrend in milk prices can be attributed chiefly to the steadily worsening shortage and the resultant surge in the prices of fodder and feed, accounting for nearly 65% of the cost of milk production
Inflation for manufactured items eased to 1.94% in Feb from 2.99% in Jan
Consumer prices rose 6.44% in February, breaching the Reserve Bank of India's target ceiling
Earlier on Monday, the government data showed that the Consumer Price Index (CPI)-based inflation was at 6.44% in February
In December 2022, wholesale price inflation stood at 4.95 per cent. In January 2021, it was at 2.51 per cent
The price fall is mainly attributed to a fall in food prices, especially vegetables
The key difference is that one works at the production level, the other at the level of the household; but there are a few other differences as well
In November 2022, wholesale price inflation stood at 5.85 per cent. In December 2021, it was at 14.27 per cent
Inflation in manufactured products was 3.37 per cent during the month
Economists and businesses await to see what will be committee's stance in 2023
'We'll bring inflation down further for the sake of common people', said FM Nirmala Sitharaman
Fruits and vegetables, protein-rich items such as eggs, meat and fish drag down prices; Core inflation eases for seventh consecutive month to 3.5%
WPI-based inflation remained below the double-digit mark for second consecutive month in November
The index for manufactured products saw a decline of 0.42 per cent month-on-month (MoM) and the inflation in fuel and power category saw a fall of 1.65 per cent
However, anticipating critics, Sitharaman added that the government is working to bring it down under 6% and would like to bring it down under 6% and "ideally" to 4%
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