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Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings Below the Views on WPI by Rajani Sinha, Chief Economist, CareEdge Ratings   The wholesale price index (WPI) continued in a deflationary zone for the fourth consecutive month in July, helped by lower metals, chemicals, textile, manufactured food, and mineral oils prices. However, the pace of annualised decline in WPI slowed significantly compared with the previous two months, with the spike in food prices led by vegetables restricting the downside. Consequently, sequential...
Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings
Views on WPI : Consequently, sequential momentum in WPI turned positive after two months says Rajani Sinha, CareEdge Ratings
Source: PR Agency
14/08/2023 2:43:01 PM
WPI inflation rises to three month high of -1.36% in July India's wholesale price index (WPI) based inflation for July rose to a three-month high of -1.36 per cent from -4.12 per cent in June, mainly due to decline in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products. The WPI inflation has remained in the deflationary zone for the fourth month in a row in July, data released on Monday by the Union commerce ministry showed. While it was at -4.12 per cent in June, in May it had stood at -3.48 ...
WPI inflation rises to three month high of -1.36% in July
WPI inflation rises to three month high of -1.36% in July
Source: IANS
14/08/2023 1:41:30 PM
India wholesale price index fell 1.36% in July India's wholesale price index fell 1.36% year-on-year in July, government data showed on Monday. Economists polled by Reuters had estimated the wholesale price index for July would fall 2.70%.
India wholesale price index fell 1.36% in July
India wholesale price index fell 1.36% in July
Source: Reuters
14/08/2023 12:33:31 PM
Wholesale price index inflation falls to 8-year low of -4.12% India's wholesale price index (WPI) based inflation further fell to stand at -4.12 per cent in June, from -3.48 per cent in May, according to the commerce ministry data released on Friday. The decline in WPI was due to fall in prices of mineral oils, food products, basic metals, crude petroleum & natural gas and textiles. This is the third month in a row when wholesale inflation has stayed in the deflationary zone. At -4.12 per cent, the WPI inflation has hit its lowest level...
Wholesale price index inflation falls to 8-year low of -4.12%
Wholesale price index inflation falls to 8-year low of -4.12%
Source: IANS
14/07/2023 3:46:28 PM
Firm trade continues over Dalal Street Firm trade continued over the Dalal Street in early afternoon deals, with both Sensex and Nifty holding gains of over 0.30% each, aided by positive firm cues from other Asian markets along with heavy buying at IT, TECK and Realty counters. Sentiments remained positive, as India’s inflation based on wholesale price index (WPI) deflated for the third straight month in June, on the back of fall in prices of mineral oils, non-food Articles, crude petroleum & natural gas and electricity....
Firm trade continues over Dalal Street
Firm trade continues over Dalal Street
Source: Accord Fintech
14/07/2023 2:19:51 PM
India`s WPI falls to -3.48% in May 2023 India’s inflation based on wholesale price index (WPI) maintained the declining trend in the month of May 2023 at (-) 3.48% as against (-) 0.92% recorded in April 2023. Decline in the rate of inflation is primarily contributed by fall in prices of food articles, non-food articles and crude petroleum & natural gas, coal, mineral oils and electricity. The Component wise, primary articles index, having weight of 22.62%, declined 1.13% to 175.3 (provisional) in May 2023 from 177.3 (p...
India`s WPI falls to -3.48% in May 2023
India`s WPI falls to -3.48% in May 2023
Source: Accord Fintech
14/06/2023 2:45:29 PM
RBI-MPC may not change interest rate: Experts The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may not change the interest rates and would continue with the 'pause' mode at their upcoming meeting, said experts. The MPC met on April 3, 5 and 6 this year and decided to pause on the repo rate at 6.50 per cent after hiking continuously earlier as an inflation control measure. "The upcoming MPC meeting in early June is expected to focus on two important aspects that have emerged in the last few weeks --...
RBI-MPC may not change interest rate: Experts
RBI-MPC may not change interest rate: Experts
Source: IANS
2/06/2023 12:27:18 PM
Inflation must be stable and in a range for the central bank to put its interest rate policy Says Mr. Dheer Shah, BDR Pharma Perspective On March WPI data by Mr. Dheer Shah, CFO, BDR Pharmaceuticals  “As expected, the WPI inflation rate has eased to 1.34%. After CPI inflation data released last week fell to a 15-month low, WPI inflation has slowed to a 29-month low. Most components of the WPI inflation rate have eased across manufactured, primary, and fuel and power groups. The fall in wholesale inflation is a positive development. On expected lines, the data has been softening for the past few ...
Inflation must be stable and in a range for the central bank to put its interest rate policy Says Mr. Dheer Shah, BDR Pharma
Inflation must be stable and in a range for the central bank to put its interest rate policy Says Mr. Dheer Shah, BDR Pharma
Source: PR Agency
25/05/2023 6:43:51 PM
Market Quote : The domestic CPI inflation came in better than expected at 4.7% Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 15 MAy 2023 By Vinod Nair, Head of Research at Geojit Financial Services Domestic benchmark indices are marching ahead driven by favourable developments such as declining inflation levels, steady foreign inflows, and in anticipation of robust earnings growth on a QoQ basis next quarter, due to drop in global commodity prices. The domestic CPI inflation came in better than expected at 4.7%, and the WPI inflation decreased by 0.92%, reaffirming RBI’...
Market Quote : The domestic CPI inflation came in better than expected at 4.7% Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The domestic CPI inflation came in better than expected at 4.7% Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
15/05/2023 4:24:11 PM
WPI inflation is down to -0.92% in April 2023 from 1.34% in March 2023 Says Raghvendra Nath, Ladderup Wealth Management Below View on WPI data By Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited “WPI inflation is down to -0.92% in April 2023 from 1.34% in March 2023. This is the first time the WPI has slipped into negative territory since July 2020. The fall in WPI inflation can be attributed to fall in prices of basic metals, food products, mineral oils, textiles, non-food articles, chemical and chemical products, rubber and rubber products and paper and paper...
WPI inflation is down to -0.92% in April 2023 from 1.34% in March 2023 Says Raghvendra Nath, Ladderup Wealth Management
WPI inflation is down to -0.92% in April 2023 from 1.34% in March 2023 Says Raghvendra Nath, Ladderup Wealth Management
Source: PR Agency
15/05/2023 3:12:26 PM
WPI inflation continued on a downward trajectory Says Mohit Ralhan, TIW Capital Below Perspective on WPI inflation data for January By Mohit Ralhan - Chief Executive Officer, TIW Capital   “WPI inflation continued on a downward trajectory. It came in at -0.92% YoY, the lowest since July 2020. Fall came mainly on account of 2.42% YoY deflation in manufactured products. Sequentially, the wholesale price index remained unchanged as an increase in prices of primary articles was more than offset by a 2.68% decline in fuel and power prices. Pric...
WPI inflation continued on a downward trajectory Says Mohit Ralhan, TIW Capital
WPI inflation continued on a downward trajectory Says Mohit Ralhan, TIW Capital
Source: TIW Capital
15/05/2023 3:06:46 PM
After CPI inflation the April WPI inflation has fallen in the negative territory Says Mr. Dheer Shah, BDR Pharma Perspective On WPI Inflation data by Mr. Dheer Shah, CFO, BDR Pharmaceuticals    “After CPI inflation the April WPI inflation has fallen in the negative territory. The wholesale inflation has fallen to a nearly 3-year low. Most components have eased due to several causes, including those in the manufacturing, primary commodities, fuel, and power sectors. The data has been gradually easing over the past six months, consistently in sync with the retail inflation....
After CPI inflation the April WPI inflation has fallen in the negative territory Says Mr. Dheer Shah, BDR Pharma
After CPI inflation the April WPI inflation has fallen in the negative territory Says Mr. Dheer Shah, BDR Pharma
Source: PR Agency
15/05/2023 1:43:16 PM
India`s annual wholesale price index falls 0.92% in April India's annual wholesale-price based index (WPI) fell for the first time in nearly 3 years in April, as prices softened across the board. WPI fell by 0.92%, compared with March where it had risen 1.34%. The data was below Reuters poll that predicted a fall of 0.20%. In April, the food index rose 0.17% year-on-year, from 2.32% in March, while fuel and power rose 0.93% from 8.96%. WPI has been easing for the last 11 months from the 20-year highs of 16.63% recorded in May 2022. T...
India`s annual wholesale price index falls 0.92% in April
India`s annual wholesale price index falls 0.92% in April
Source: Reuters
15/05/2023 12:41:44 PM
The sharp decline in WPI inflation to 1.34% in March from 3.85% in February is an extremely significant Says Mohit Ralhan, TIW Capital Below Perspective on WPI By Mr. Mohit Ralhan, Chief Executive Officer, TIW Capital “The sharp decline in WPI inflation to 1.34% in March from 3.85% in February is an extremely significant event also since it is across the board. The negative inflation in vegetable prices and manufactured products indicates to easing of retail inflation as well in the coming quarter. The negative inflation of 23.53% crude petroleum is also a big positive. RBI still may need to look for stabilizat...
The sharp decline in WPI inflation to 1.34% in March from 3.85% in February is an extremely significant Says Mohit Ralhan, TIW Capital
The sharp decline in WPI inflation to 1.34% in March from 3.85% in February is an extremely significant Says Mohit Ralhan, TIW Capital
Source: PR Agency
17/04/2023 4:07:15 PM
India's March wholesale inflation eases to 30-month low on easing input prices India's annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input prices continued to moderate, government data showed on Monday. WPI in March was 1.34% year-on-year, lower than 3.85% in the previous month and a Reuters poll of 1.87%. In March, the food index rose 2.32% year-on-year compared with 2.76% in February, while fuel and power rose 8.96%, slowing from the 14.82% rate. WPI on manufactured products fell 0.28%, compared with a fall of 0....
India's March wholesale inflation eases to 30-month low on easing input prices
India's March wholesale inflation eases to 30-month low on easing input prices
Source: Reuters
17/04/2023 12:48:31 PM
WPI data released showed that inflation eased to 3.85% Says Mr. Vivek Goel, Tailwind Financial Services Below is View On WPI/CPI Data By Mr. Vivek Goel, Joint Managing Director, Tailwind Financial Services Inflation data mixed with easing in WPI following an elevated CPI print "WPI data released showed that inflation eased to 3.85% from January’s 4.73% recording lowest reading in 24 months. On the other hand, CPI inflation eased off slightly from January’s 6.52% to 6.44% which is still above the RBI ceiling of 6% tolerance. Overall, easing in WPI might help cor...
WPI data released showed that inflation eased to 3.85% Says Mr. Vivek Goel, Tailwind Financial Services
WPI data released showed that inflation eased to 3.85% Says Mr. Vivek Goel, Tailwind Financial Services
Source: PR Agency
14/03/2023 4:23:42 PM
WPI inflation eases to 3.85% in February from 4.73% in January Says Raghvendra Nath, Ladderup Wealth Management Below View on WPI data By Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited “WPI inflation eases to 3.85% in February from 4.73% in January and 4.95% in December. It has now stayed below 5% for the 3rd consecutive month. The easing of inflation was primarily due to fall in prices of crude petroleum & natural gas, non-food articles, food products etc. Inflation in primary articles was down to 3.28% from 3.88% in January, Fuel & powe...
WPI inflation eases to 3.85% in February from 4.73% in January Says Raghvendra Nath, Ladderup Wealth Management
WPI inflation eases to 3.85% in February from 4.73% in January Says Raghvendra Nath, Ladderup Wealth Management
Source: PR Agency
14/03/2023 3:46:51 PM
India`s wholesale inflation declines further to 3.85% in February India’s inflation based on wholesale price index (WPI) declined further to 3.85% for the month of February 2023 against 4.73% recorded in January 2023, on account of fall in prices of crude petroleum & natural gas, non-food articles, food products, minerals, computer, electronic & optical products, chemicals & chemical products, electrical equipment and motor vehicles, trailers & semitrailers. The wholesale inflation was 4.95% in December 2022. The Component wise, pri...
India`s wholesale inflation declines further to 3.85% in February
India`s wholesale inflation declines further to 3.85% in February
Source: Accord Fintech
14/03/2023 2:09:44 PM
The WPI has further eased to 4.73% in January Says Mohit Ralhan, TIW Capital Below Perspective on WPI inflation data for January By Mohit Ralhan - Chief Executive Officer, TIW Capital "The WPI has further eased to 4.73% in January. It’s quite significant since it is coming after surprisingly higher retail inflation of 6.52%. The downward trend in WPI has been continuing since May-2022, while the YoY CPI change numbers have been more volatile. If we just look at the absolute level of the CPI index, then it has remained between 175 and 177 s...
The WPI has further eased to 4.73% in January Says Mohit Ralhan, TIW Capital
The WPI has further eased to 4.73% in January Says Mohit Ralhan, TIW Capital
Source: PR Agency
14/02/2023 3:09:15 PM
Wholesale inflation falls to 4.73% in January The wholesale price index (WPI) based inflation for January 2023 fell to 4.73 per cent against 4.95 per cent in December 2022, according to data released by the commerce ministry on Tuesday. The fall in wholesale price inflation was owing to a decline in the rate of mineral oils, chemicals and chemical products, textiles, crude petroleum and natural gas, textiles and food products. The wholesale inflation had fallen to 4.95 per cent in December 2022 against 6.12 per cent, which was reco...
Wholesale inflation falls to 4.73% in January
Wholesale inflation falls to 4.73% in January
Source: IANS
14/02/2023 12:53:24 PM
Road projects to see 2-5% hike in inflation-linked toll rates in next fiscal year: Icra Rating agency Icra in its latest report has said that Inflation-linked toll rates of various road projects will see a moderate hike of 2-5 per cent in the next fiscal year due to falling wholesale price index.  It has revised down the outlook on the toll road sector to stable from positive for FY24, citing the easing wholesale price inflation which fell to 4.95 per cent in December 2022. It mentioned the wholesale price index (WPI) based inflation is expected to fall further and is li...
Road projects to see 2-5% hike in inflation-linked toll rates in next fiscal year: Icra
Road projects to see 2-5% hike in inflation-linked toll rates in next fiscal year: Icra
Source: Accord Fintech
14/02/2023 10:58:54 AM
Inflation-linked road toll rate hike to be modest in FY24: ICRA  Credit rating agency ICRA on Monday said the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY24 as compared to 8.7-14.6 per cent last fiscal. ICRA has revised the outlook on the toll road sector to stable from positive for FY24. "In the backdrop of easing WPI inflation to 4.95 per cent in December 2022 and an expected WPI inflation of sub-2 per cent in March 2023, the inflation-linked toll hike should be relatively modest at 2-5 per cent in FY2024 ...
Inflation-linked road toll rate hike to be modest in FY24: ICRA
Inflation-linked road toll rate hike to be modest in FY24: ICRA
Source: IANS
13/02/2023 4:21:13 PM
Toll road projects likely to see moderate to high single-digit growth in FY24: ICRA Rating agency ICRA in its latest report has said that toll road projects in the country are likely to see moderate to high single-digit growth in FY24 with moderation in the Wholesale Price Index (WPI) inflation. India's toll road projects saw a 17-20 per cent growth in FY23. Toll rates and traffic volumes are the two variables that decide toll collections. According to the report, the rise in toll rate is linked to the WPI while the traffic volume is linked to underlying economic acti...
Toll road projects likely to see moderate to high single-digit growth in FY24: ICRA
Toll road projects likely to see moderate to high single-digit growth in FY24: ICRA
Source: Accord Fintech
18/01/2023 11:14:06 AM
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Below Perspective On WPI data By   Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited  WPI inflation eases to 4.95% in December from 5.85% in November and 8.67% in October. It went below 5% for the first time since Feb 2021. The easing of inflation was primarily due to fall in prices of food articles, mineral oils, textile & chemical products. Inflation in primary articles was down to 2.38% from 5.52% in November, Fuel &am...
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private
Source: PR Agency
16/01/2023 6:50:17 PM
WPI Inflation : Higher rates will not impact the growth recovery underway in the economy now Says Dr. V K Vijayakumar, Geojit Financial Services Quote on Morning Market 16 January 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services "Decline in WPI inflation to 4.95% and CPI inflation to 5.72% in December shows a steady downtrend in price level. The significance of this downtrend is that it will enable the MPC to pause after one more, say, 25 bp rate hike in February. Therefore, higher rates will not impact the growth recovery underway in the economy now"   Above views...
WPI Inflation : Higher rates will not impact the growth recovery underway in the economy now Says Dr. V K Vijayakumar, Geojit Financial Services
WPI Inflation : Higher rates will not impact the growth recovery underway in the economy now Says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services Ltd
16/01/2023 4:34:31 PM
Wholesale price index-based inflation falls to 2-year low of 4.95%  India's wholesale price index-based (WPI) inflation for December 2022 fell to almost two-year low of 4.95 per cent, owing to sliding food and crude as well as petroleum prices. WPI-based inflation was 5.85 per cent in November 2022. "Fall in prices of food articles, mineral oils, crude petroleum and natural gas, food products, textiles and chemicals & chemical products contributed to a slide in wholesale price index-based inflation," a statement issued by the Uni...
Wholesale price index-based inflation falls to 2-year low of 4.95%
Wholesale price index-based inflation falls to 2-year low of 4.95%
Source: IANS
16/01/2023 12:37:53 PM
Government should not go in for `aggressive fiscal consolidation` as global risks have not abated: Ashima Goyal RBI Monetary Policy Committee (MPC) Member Ashima Goyal said the government should not go in for an 'aggressive fiscal consolidation' in the upcoming budget as global risks have not abated. She further said subsidies are expected to come down as food and energy inflation moderates. WPI inflation in food articles in November was 1.07 per cent against 8.33 per cent in the previous month. In the 'fuel and power' basket, inflation was 17.35 per cent last month. She said ‘...
Government should not go in for `aggressive fiscal consolidation` as global risks have not abated: Ashima Goyal
Government should not go in for `aggressive fiscal consolidation` as global risks have not abated: Ashima Goyal
Source: Accord Fintech
29/12/2022 10:38:46 AM
Weekly Market Analysis : The coming week is going to be critical as we have important events and data lined up Says Mr. Ajit Mishra, Religare Broking Below is Quote on Weekly Market Analysis 24 December 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Marketstook a breather after making a new record high and shed over a percent. The benchmark gradually inched lower amid mixed global cues however selling pressure in the IT majors put further pressure in the final session. Consequently, the benchmark indices, Sensex and Nifty, settled at 62,181.67 and 18,496.60 levels. Most sectors traded in tandem with the...
Weekly Market Analysis : The coming week is going to be critical as we have important events and data lined up Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : The coming week is going to be critical as we have important events and data lined up Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking Ltd
24/12/2022 5:54:04 PM
Government keeping watch on inflation: Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Wednesday said that the government is keeping an eye on price rise, which, she said, currently is "extraneous" due to prices of fuel and fertiliser. Responding to a discussion on Supplementary Demands for Grants in the Rajya Sabha, she said that wholesale price index (WPI) based inflation has slid to a 21-month low. Retail inflation also fell to a 10-month low of 5.88 per cent in November 2022, after remaining beyond the RBI's upper t...
Government keeping watch on inflation: Finance Minister Nirmala Sitharaman
Government keeping watch on inflation: Finance Minister Nirmala Sitharaman
Source: IANS
22/12/2022 10:15:51 AM
The easing of WPI to a 21-month low of 5.85% in November is the continuation of the trend Says Mr. Mohit Ralhan, TIW Capital Perspective on WPI Data by Mr Mohit Ralhan, CEO, TIW Capital The easing of WPI to a 21-month low of 5.85% in November is the continuation of the trend that we saw with the recent CPI data. The downward trend has been continuing for a few months now. It’s a nig positive for corporate earnings and operating margins. The easing of WPI in food articles to 1.07% is the most significant one which also augurs well for the CPI inflation in the coming quarters. Although the inflatio...
The easing of WPI to a 21-month low of 5.85% in November is the continuation of the trend Says Mr. Mohit Ralhan, TIW Capital
The easing of WPI to a 21-month low of 5.85% in November is the continuation of the trend Says Mr. Mohit Ralhan, TIW Capital
Source: PR Agency
14/12/2022 5:07:13 PM
Perspective On the November WPI data By Mr. Raheel Shah, BDR Pharmaceuticals Below November WPI data By Mr. Raheel Shah, Director at BDR Pharmaceuticals “The WPI inflation print is a pleasant surprise, after several months of high double-digit levels, it has hit a 21-month low of 5.85%. The WPI print is way below most estimates. We have a situation where CPI as well as WPI is below the 6% mark after several months of elevated prices. The fall in commodity and food prices are the major reasons for the WPI cooling off. This data is also in lin...
Perspective On the November WPI data By Mr. Raheel Shah, BDR Pharmaceuticals
Perspective On the November WPI data By Mr. Raheel Shah, BDR Pharmaceuticals
Source: PR Agency
14/12/2022 3:19:45 PM
Quote on wholesale inflation: India`s November wholesale inflation eases to 21-month low of 5.85% Says Mr. Apurva Sheth, Samco Securities Below View On Wholesale Inflation By Mr. Apurva Sheth, Head of Market Perspectives, Samco Securities. India's November wholesale inflation eases to 21-month low of 5.85% India's annual wholesale price-based inflation (WPI) eased in November to a 21-month low of 5.85 per cent year-on-year (YoY) as food prices moderated, government data showed on Wednesday. In October, the WPI-based inflation was 8.39 per cent. It is for the second consecutive month that the WPI inflation ...
Quote on wholesale inflation: India`s November wholesale inflation eases to 21-month low of 5.85% Says Mr. Apurva Sheth, Samco Securities
Quote on wholesale inflation: India`s November wholesale inflation eases to 21-month low of 5.85% Says Mr. Apurva Sheth, Samco Securities
Source: Samco Securities Ltd
14/12/2022 3:13:01 PM
India`s November WPI inflation eases to 5.85% y/y India's annual wholesale price-based inflation (WPI) eased in November to 5.85% year-on-year, as food prices moderated, government data showed on Wednesday. The reading was lower than the Reuters forecast of 6.50% and 8.39% recorded in the previous month.
India`s November WPI inflation eases to 5.85% y/y
India`s November WPI inflation eases to 5.85% y/y
Source: Reuters
14/12/2022 12:34:47 PM
India CPI - Food falls but what's in store for core? India's November CPI printed 5.9 per cent y/y, well below consensus, driven by faster-than-expected disinflation in vegetables. Last month, we highlighted encouraging early signs for India's food inflation. This includes the ongoing seasonal fall in vegetable prices, softer growth in prices of pulses and edible oils, healthy progress in rabi season sowing (particularly for wheat) and moderation in global food prices & farm input costs. Cereal inflation has been a concern and wa...
India CPI - Food falls but what's in store for core?
India CPI - Food falls but what's in store for core?
Source: IANS
13/12/2022 4:30:16 PM
India's October WPI inflation eases to 8.39% y/y  India's annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March 2021, helped by a fall in commodity prices, government data showed on Monday. The October WPI inflation was lower than the Reuters forecast of 8.70% and 10.70% recorded in the previous month.
India's October WPI inflation eases to 8.39% y/y
India's October WPI inflation eases to 8.39% y/y
Source: Reuters
14/11/2022 12:35:15 PM
CPI Inflation likely to fall below 6% by December 2022: PHDCCI PHD Chamber of Commerce and Industry (PHDCCI) has said that deceleration in the wholesale price index (WPI) inflation will continue and it will have a significant impact on the price corrections in the retail inflation; Consumer Price Index (CPI) inflation is expected to soften below 6 per cent by December 2022. It mentioned calibrated steps by the government and RBI would be crucial to bring down inflation in the targeted trajectory along with maintaining economic growth at around 7 per cent...
CPI Inflation likely to fall below 6% by December 2022: PHDCCI
CPI Inflation likely to fall below 6% by December 2022: PHDCCI
Source: Accord Fintech
3/11/2022 10:43:23 AM
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited Below is Perspective on WPI data By Mr. Raghvendra Nath, Managing Director - Ladderup Wealth Management Private Limited The WPI like CPI still remains at elevated levels even though it has come down a bit from last month. The easing of inflation has primarily been on account of easing commodity prices globally. There is a good likelihood that global commodities may correct even further as the developed world faces the risk of recession which in turn would mean reduced demand...
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
Source: PR Agency
15/10/2022 10:49:04 AM
India`s WPI inflation eases further to 10.7% in September India`s inflation based on wholesale price index (WPI) eased further to 10.7% in the month of September 2022 as against 12.41% in August 2022. But, September is the 18th consecutive month of double-digit WPI inflation, primarily contributed by rise in prices of mineral oils, food articles, crude petroleum & natural gas, chemicals & chemical products, basic metals, electricity, textiles etc. as compared to the corresponding month of the previous year. Component wise, primary article...
India`s WPI inflation eases further to 10.7% in September
India`s WPI inflation eases further to 10.7% in September
Source: Accord Fintech
14/10/2022 4:00:42 PM
Wholesale inflation falls to 18-month low in September to 10.7%  India's wholesale price index or WPI-based inflation slid to an 18-month low of 10.7 per cent in September from 12.41 per cent in August, mainly due to easing food index and manufactured products prices, official data revealed on Friday. In September 2021, it had stood at 11.80 per cent. According to the data released by the Commerce Ministry, wholesale food inflation fell to 8.08 per cent in September from 9.93 per cent in August. Inflation for manufactured products slid t...
Wholesale inflation falls to 18-month low in September to 10.7%
Wholesale inflation falls to 18-month low in September to 10.7%
Source: investmentguruindia
14/10/2022 11:51:11 AM
The Economy Observer : WPI inflation at an 11-month low of 12.4% YoY in Aug`22 - Motilal Oswal Financial Services WPI inflation at an 11-month low of 12.4% YoY in Aug’22 Lower than our expectation * Wholesale Price Index (WPI) based inflation came in at a 11-month low of 12.4% YoY in Aug’22 as against 13.9%/11.6% YoY in Jul’22/Aug’21. The number was lower than a Bloomberg survey of 13% YoY and our forecast of 13.4% YoY. * Internals suggest that 50% (6.2pp) of the headline WPI inflation in Aug’22 were caused by imported inflation – the lowest contribution in 17...
The Economy Observer : WPI inflation at an 11-month low of 12.4% YoY in Aug`22 - Motilal Oswal Financial Services
The Economy Observer : WPI inflation at an 11-month low of 12.4% YoY in Aug`22 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
15/09/2022 1:51:27 PM
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited Below is Perspective on WPI data By Mr. Raghvendra Nath, Managing Director - Ladderup Wealth Management Private Limited “India’s Wholesale price index (WPI) has eased to 12.41 percent in August, compared to the spike we had seen July at 13.93 per cent. The food price segment continues to remain high at 12.37 per cent in August which can be attributed majorly to rise in vegetable prices. Thus, even though there is uptick in the prices of food items this ease WPI i...
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
Perspective on WPI data By Mr. Raghvendra Nath, Ladderup Wealth Management Private Limited
Source: PR Agency
14/09/2022 3:23:07 PM
Wholesale inflation eases slightly to 12.41% in Aug  Wholesale inflation slid slightly to 12.41 per cent in August from 13.93 per cent recorded in July 2022, according to data released by the Commerce Ministry. Inflation in August, however, was much lesser than 16.23 per cent recorded in June 2022. Wholesale inflation, which is measured by wholesale price index (WPI), was contributed by the rise in prices of mineral oils, food articles, crude petroleum and natural gas, basic metals, chemicals and chemical products, electricity and f...
Wholesale inflation eases slightly to 12.41% in Aug
Wholesale inflation eases slightly to 12.41% in Aug
Source: IANS
14/09/2022 12:50:50 PM
India`s macro stability outlook improving - Morgan Stanley  India's worst period of macro instability is possibly over, and both consumer inflation and trade deficit are expected to moderate albeit gradually, Morgan Stanley said. "Global commodity prices were largely steady last month, with the exception of oil prices which continued to decline," Upasana Chachra, chief India economist at Morgan Stanley, said in the note on Wednesday. "We believe the worst of macro instability is behind us now, though moderation in inflat...
India`s macro stability outlook improving - Morgan Stanley
India`s macro stability outlook improving - Morgan Stanley
Source: Reuters
18/08/2022 3:32:09 PM
The Economy Observer: WPI Onflation Lower At 13.9% YoY in Jul`22 By Motilal Oswal Financial Services of this, 7.7pp is due to imported inflation * Wholesale Price Index (WPI)-based inflation came in lower at 13.9% YoY in Jul’22 as against 15.2% YoY a month ago but higher than 11.6% YoY in Jul’21. This was slightly above Bloomberg consensus of 13.7% YoY. * Internals suggest that ~55% (7.7pp) of headline WPI inflation in Jul’22 was caused by imported inflation, similar to the contribution in Jun’22. Lower headline WPI was largely on account of six-month low import...
The Economy Observer: WPI Onflation Lower At 13.9% YoY in Jul`22 By Motilal Oswal Financial Services
The Economy Observer: WPI Onflation Lower At 13.9% YoY in Jul`22 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
17/08/2022 10:51:10 AM
Wholesale Price Index (WPI) comes down to 13.93% in July  India's wholesale inflation came down to 13.93 per cent in July, data released by the Ministry of Commerce & Industry showed on Tuesday. The wholesale price index (WPI) had spiked to 15.18 per cent during the month of June. The WPI in July 2021 was at 11.57 per cent. Inflation in July, 2022 is primarily contributed by rise in prices of mineral oils, food articles, crude petroleum and natural gas, basic metals, electricity, chemicals & chemical products, food products, ...
Wholesale Price Index (WPI) comes down to 13.93% in July
Wholesale Price Index (WPI) comes down to 13.93% in July
Source: Reuters
16/08/2022 12:58:51 PM
US inflation at record high as WPI, CPI indices soar Inflation has virtually exploded in the United States, touching 13 per cent with the wholesale price index breaching double digits at 11.3 per cent and the consumer price index soaring to 9.1 per cent, making life pretty much tough for the average citizen in the country. Inflation as measured by producer wholesale prices ticked up to a red-hot 11.3 per cent for the year ending in June, near the highest record, according to a report from the Bureau of Labor Statistics. Thursday's r...
US inflation at record high as WPI, CPI indices soar
US inflation at record high as WPI, CPI indices soar
Source: IANS
15/07/2022 9:23:22 AM
Statement on WPI Data June 2022 By Dr. Vikas Gupta, OmniScience Capital Below is Statement on Statement on WPI Data June 2022  By Dr Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital The month-on-month inflation for manufactured products, which is the largest weightage in the WPI index, is easing significantly and so is Fuel and power. It is likely that WPI should ease further going forward given crude oil and commodity prices are moving downwards. This will help improve the overall macroeconomic scenario and reduce at least ...
Statement on WPI Data June 2022 By Dr. Vikas Gupta, OmniScience Capital
Statement on WPI Data June 2022 By Dr. Vikas Gupta, OmniScience Capital
Source: PR Agency
14/07/2022 3:40:44 PM
Performance of the WPI Numbers for June 2022 By Mr. Mohit Ralhan, TIW Capital group Perspective on the WPI Numbers for June 2022 by Mr Mohit Ralhan, Managing Partner, TIW Capital Group “While the WPI inflation eased out slightly to 15.18% in June in comparison to 15.88% in May, it remains at elevated levels mirroring the macroeconomic scenario across the globe. The most notable is an increase in the WPI food index from 10.89% in May to 12.41% in June, which indicates that the central government took the right call of banning wheat exports. On the other hand, th...
Performance of the WPI Numbers for June 2022 By Mr. Mohit Ralhan, TIW Capital group
Performance of the WPI Numbers for June 2022 By Mr. Mohit Ralhan, TIW Capital group
Source: PR Agency
14/07/2022 2:15:26 PM