Inflation

Inflation News

IIP growth rises to 4.3% in July on stronger manufacturing; Retail inflation at 10-mth high

Manufacturing output, which carries weight of 77.63 per cent in IIP, picked up pace to 4.2 per cent growth rate in July as against a growth of 0.2 per cent in the previous month, though it was lower than 7.0 per cent in the year-ago period.

WPI inflation slows to two-year low on price fall in fuel and power, manufactured items

The annual rate of inflation, based on monthly WPI, stood at 2.02 per cent in June compared to 2.45 per cent in May, as per provisional data released by Commerce Ministry Monday.

Advertising

WPI inflation eases to near 2-year low at 2.02 pc in June

The Wholesale Price Index (WPI)-based inflation was at 2.45 per cent in May. It was 5.68 per cent in June 2018.

The retail paradox: Wholesale food inflation is up, but consumers aren’t feeling the pinch yet

According to official data, annual inflation in the wholesale price index (WPI) for food articles has gone up from minus 0.21% to 6.98% between September 2018 and May 2019.

At 3.18%, March wholesale inflation hits 3-month high on costlier food, fuel

Food articles’ inflation has been rising steadily for the last five months. Inflation in the fuel and power category also rose to 5.41 per cent, from 2.23 per cent in February.

Wholesale inflation rises to 2.93% in February

According to the Ministry’s latest release, the price of betel leaves, maize, arhar, bajra, barley, jowar, poultry chicken, moong, masur, wheat, paddy, urad, pork, ragi, egg and marine and inland fish rose.

Advertising

Retail inflation rises to 4-month high of 2.57 per cent in February

Food inflation based on CPI, however was in negative at 0.66 per cent. The latest print is higher than (-) 2.24 per cent in January. The earlier lowest inflation was 2.33 per cent in November 2018.

Farmers bear the burden of deflation

Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season.

WPI inflation at 8-month low of 3.80 per cent in Dec on softening fuel, food prices

According to the government data released Monday, deflation in food articles stood at 0.07 per cent in December, against 3.31 per cent in November.

Reserve Bank monetary panel remains cautious on inflation

The six-member MPC had unanimously decided to maintain the Repo rate at 6.50 per cent during the bi-monthly monetary policy review while staying optimistic on growth.

Advertising