wholesale price index
wholesale price index News
Unhappy augury
WPI inflation turns positive after 17 months. Why that’s reason to worry.
WPI inflation remains in negative zone for the 15th straight month in January
The fall in wholesale prices inflation is in divergence with the rise in retail inflation for January. Consumer Price Index (combined)-based inflation rose to a 17-month high of 5.69 per cent in January.
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Inflation cools to (-)0.9% in Jan as food prices ease
This is the 15th straight month since November 2014 that deflationary pressure persisted and wholesale inflation has remained in the negative zone.
Costlier food pushes WPI to 12-month high
Though the pace of deflation has been weakening since last four months, high food prices continue to remain a cause of concern.
WPI inflation at -4.54%; pulses, onion still costly
The headline inflation has been negative since November 2014 while it was 2.38 per cent in Sept.
Falling prices due to global commodity slump is not deflation: Pronab Sen
Pronab Sen said that the divergence between WPI and retail inflation would gradually equalise.
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Pause and play
Given the deflationary trend, globally and at home, the RBI needs to urgently review its monetary policy stance.
Central confusion
While the RBI criticises policy, it does not use its own limited authority effectively.
WPI inflation drops to -2.33 on cheaper food and fuel
The headline inflation was at -2.06 per cent in February. It was 6 per cent in March 2014.
Inflation declined to a five-and-a-half year low of 0.39 pc in January
However, the food prices remained high, according to the the data released.
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