Page 6 - Wpi

WPI in inflationary zone after 17 straight months of contraction

Pressure points remained in food, inflation for which accelerated to 4.23% in April from 3.73% in March

India's April wholesale price inflation up at 0.34%

In a report, BofA-ML said RBI is expected to go for a 25 bps cut on August 9

Pick-up in WPI inflation likely in FY17: BofA-ML

The global brokerage firm has a 2016-17 CPI inflation forecast of 5.7% in March 2017

Lower fuel inflation pulls down WPI

WPI inflation stood at minus 0.85 per cent, compared to minus 0.91 per cent in February

Wholesale prices decline for 17th month, 0.85% in March

Food inflation, however, up at 3.73% in March

Industry pitches for more rate cuts as WPI remains negative

Recent meteorological prediction indicates expectation of normal rainfall this year which is a huge positive

Wholesale prices drop for 16th straight month

Manufacturing prices keep on falling, while food inflation eases to 3.35 per cent