A zero nominal growth rate of GDP would mean the real rate of growth of GDP would be in negative territory.
Together with CPI, it may restrain RBI from taking any further monetary easing measures
The wholesale price index based (WPI) inflation was in the negative territory for four straight months
As a result, though consumers might have been paying more for these crops, farmers have gained little
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A modest decline in food inflation in August was driven by cereals, pulses, vegetables and milk costing less
The annual rate of inflation based on WPI Food Index decreased from 4.32 per cent in July to 4.07 per cent in August
Divergence seen narrowing in June as lockdown restrictions are eased
Food inflation in WPI rose to 2.04 per cent in June from 1.13 per cent due to disruptions caused by rains
Manufactured products, however, witnessed inflation of 0.08 per cent in June. In May deflation was 0.42 per cent
Food items showed a slight inflation of 1.13 per cent in May, but vegetable prices declined
On the macroeconomic front, WPI inflation data is scheduled to be announced on Monday
Reports 10.12% deflation in fuel, power basket
Wholesale price index (WPI) deflation in primary articles was 0.79 per cent in April, as against inflation of 3.72 per cent in March
Food inflation in March fell to 4.91 per cent from 7.79 per cent in the previous month, data released by the Commerce and Industry Ministry on Wednesday showed
The food index-based inflation consisting of food articles and food products decreased from 10.12 per cent in January to 7.31 per cent in February
The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
The wholesale inflation of food articles declined 1 per cent in January, according to the Ministry of Commerce
Industrial production and retail inflation data is due on Wednesday, while WPI inflation numbers will be released on Friday.
However, your soft drinks and juices will remain immune to the hike, despite the recent surge in sugar prices. Thanks to Coca-Cola and PepsiCo.