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India's WPI Inflation Deepens In September For 6th Consecutive Month
India's wholesale inflation continues to be in the deflationary zone, registering -0.26% in September, according to the Commerce Ministry's latest data, defying expectations. In August 2023, wholesale prices stood at -0.52%, a stark contrast to the 10.55% in September 2022. Economists ...
Is the WPI Inflation Released Every Week Or Every Month?
The Wholesale Price Index (WPI) represents changes in the average prices of items supplied in bulk and transacted between businesses or corporations rather than goods purchased by consumers. There are certain drawbacks to utilising WPI as an inflation measure because it ...
WPI Inflation Hits Three-Year Low Of -3.48% In May
The wholesale price index (WPI) fell to a three-year low of -3.48 percent year on year in May, according to official statistics released on Wednesday. In April, WPI inflation was - 0.92 percent. "Decline in the rate of inflation in May, ...
WPI Inflation Cools To 4.95 % in December
The wholesale price-based inflation declined to 4.95 per cent in December 2022, mainly due to fall in prices of food articles and crude petroleum. The Wholesale Price Index (WPI)-based inflation was 5.85 per cent in November 2022 and 14.27 per ...
WPI Inflation For June Falls Marginally To 15.18%
According to information made public by the Ministry of Commerce & Industry, wholesale inflation in India decreased in June to 15.18 per cent. According to the report, the wholesale pricing index (WPI) increased to 15.88% in May while the April WPI ...
Food Continues To Be Main Driver Of Inflation: CARE Ratings
India's retail inflation softened marginally to 7.04% in May from an eight-year high of 7.79% in April, aided by a favourable base. Food continues to remain the main driver with a nearly 50% contribution to total inflation, CARE Ratings ...
WPI Inflation Went 12 Years High At 14.23%, In November
The Wholesale price-based (WPI) inflation has rallied to 14.23% in November, while WPI stood at 12.54% in October. The Ministry of Commerce and Industry of the union government has released the country's WPI data on December 14. India has been dealing ...
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