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India`s WPI inflation eases to 0.2 pc in February India's inflation rate based on the Wholesale Price Index (WPI) eased to 0.2 per cent in February, from 0.27 per cent in January, data released by the Commerce and Industry Ministry on Thursday showed. This is the third consecutive month of decline in the annual rate of WPI inflation, which had stood at 0.73 per cent in December. Official figures show that there was a decline in the prices of fuel an power segment during February with the inflation rate at (-) 1.59 per cent inflatio...
India`s WPI inflation eases to 0.2 pc in February
India`s WPI inflation eases to 0.2 pc in February
Source: IANS
2024-03-14 01:51:29 pm
India`s January wholesale prices rise at a slower pace India's wholesale price index in January rose at a slower pace than in the previous month, mainly due to an easing of food prices and a fall in prices of manufactured products, government data showed on Wednesday. In January, wholesale price rose 0.27% year-on-year, compared with a 0.73% gain in December. The latest figures were also slower than economists' expectation of a 0.53% rise, according to a Reuters poll. In January, food prices rose 3.79% year-on-year compared with an ...
India`s January wholesale prices rise at a slower pace
India`s January wholesale prices rise at a slower pace
Source: Reuters
2024-02-14 12:27:10 pm
The Economy Observer: WPI rises to 9-month high in December`23 By Motilal Oswal Financial Services Ltd WPI rises to 9-month high in Dec’23 Mainly led by an uptick in primary food articles * The Wholesale Price Index (WPI)-based inflation came in the positive territory in Dec’23 for the second month in a row. It grew 0.7% YoY in Dec’23 vs. 0.3% in Nov’23. Sequentially, WPI contracted 0.9% in Dec’23 vs. an increase of 0.2% MoM in Nov’23. The number was lower than the Bloomberg consensus of 1.4% and our forecast of 1.1%. (Exhibit 1) * The acceleration ...
The Economy Observer: WPI rises to 9-month high in December`23 By Motilal Oswal Financial Services Ltd
The Economy Observer: WPI rises to 9-month high in December`23 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-22 11:01:30 am
Wholesale price inflation rises to 9-month high in December  India’s inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 per cent for December 2023 up from 0.26 in November, official data released on Monday showed. The country’s WPI-based inflation had turned positive in November after sticking to negative territory for the preceding seven months. The positive rate of inflation in December, 2023 is primarily due to increase in prices of food articles, machinery & equipment, other manufac...
Wholesale price inflation rises to 9-month high in December
Wholesale price inflation rises to 9-month high in December
Source: IANS
2024-01-15 12:34:27 pm
India`s Nov wholesale prices rise after 7 months of decline India's wholesale price index in November rose 0.26% from a year earlier, returning to positive territory after seven months on higher food prices, government data showed on Thursday. The rise in the index was steeper than 0.08% growth expected by economists polled by Reuters. It fell 0.52% in October. In November, food prices rose 4.69% year-on-year compared with a rise of 1.07% in October, while manufactured product prices fell 0.64% against a 1.13% fall the previous month. Fue...
India`s Nov wholesale prices rise after 7 months of decline
India`s Nov wholesale prices rise after 7 months of decline
Source: Reuters
2023-12-14 02:12:33 pm
India`s WPI remains in negative territory for 7th month in a row in October Wholesale price inflation (WPI) remained in the negative territory for the seventh month in a row in October 2023 at (-) 0.52 per cent on easing prices of food items. The negative rate of inflation in October, 2023, is primarily due to fall in prices of chemicals and chemical products, electricity, textiles, basic metals, food products, paper and paper products, etc. as compared to the corresponding month of previous year. The Component wise, primary articles index, having weight of 22.62%...
India`s WPI remains in negative territory for 7th month in a row in October
India`s WPI remains in negative territory for 7th month in a row in October
Source: Accord Fintech
2023-11-15 12:16:17 pm
India`s October wholesale price index falls 0.52% y/y India's wholesale price index (INWPI=ECI) in October fell 0.52% from a year earlier, according to government data released on Tuesday. Economists polled by Reuters had estimated the wholesale price index for October would fall 0.20%. It fell 0.26% in September.
India`s October wholesale price index falls 0.52% y/y
India`s October wholesale price index falls 0.52% y/y
Source: Reuters
2023-11-14 12:24:24 pm