However, WPI inflation remained in double digits for the third consecutive month in July, mainly due to a low base of last year. WPI inflation was (-) 0.25 per cent, in July 2020
Forecasts for gross domestic product were raised to a 9.2% expansion in the fiscal year ending March 2022, from the previous 9%, while the gross value added outlook edged down slightly to 9%.
India's annual wholesale price inflation eased to 12.07% in June from the previous month's record of 12.94%, despite a spike in costs of fuel and manufactured goods
Ignoring it for long could increase longer-term costs
The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods
A mix of short- and long-term policies to contain price rise in these two commodities while keeping an eye on the interest of the cultivator could be the balm India is looking for
Diesel retail prices are back to more than Rs 80 a litre in the national capital throughout this month and remain on an upward trajectory
The wholesale price-based inflation shot up to an all-time high of 10.49% in April, on rising prices of crude oil and manufactured items
Hopes for policy rate reduction in near term dim even as economic uncertainty looms large amid the second Covid-19 wave
The wholesale price-based inflation shot up to over 8-year high of 7.39 per cent in March on rising crude oil and metal prices
Wholesale inflation rose to 4.17% in February as against 2.03% in the previous month
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Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers
After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent
The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year
Softens to four-month low of 1.22% in December from 1.55% in November as food items enter deflationary zone; core inflation at 2-year high of 4.2%
Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58%
This is the highest level of Wholesale price index-based (WPI) inflation since February, when it was 2.26 per cent
The members of the Reserve Bank of India's fourth bi-monthly monetary policy Committee began their three-day meeting today, and are expected to announce the outcome on Friday
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