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Tag: Wholesale Price Index

Inflation
Wholesale Price Index Inflation Falls 3.21% In May, But Food Prices Rise

New Delhi: Wholesale prices in the country witnessed deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as food articles turned expensive. “The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21 per cent (provisional) for May 2020 as compared […]

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Sensex Ends Marginally Higher Amid Volatility

Mumbai: Domestic stock markets continued its ups and downs this week, albeit Sensex closed with a slight gain. However, Nifty remained below last week’s closing. The softening in Wholesale Price Index (WPI) has raised the possibility that the Reserve Bank of India (RBI) may cut key interest rates further, leading to a rebound in the […]

WPI
Ministry forms working group for WPI revision

New Delhi: The Commerce Ministry on Thursday formed an 18-member working group under the chairmanship of Ramesh Chand, member, Niti Aayog, for revision of the current series of the Wholesale Price Index (WPI). The base year for the current series is 2011-12 and since then significant structural changes have taken place in the economy, which […]

wholesale-price-index
India's March wholesale price index rises to 3.2%

New Delhi: India’s annual rate of inflation based on wholesale prices rose to 3.18 per cent in March, from a rise of 2.93 per cent in February, official data showed on Monday. Even on a year-on-year basis, the Wholesale Price Index (WPI) data for March furnished by the Commerce Ministry showed that wholesale prices rose […]

WPI inflation hits 8-month high of 3.93% in November

New Delhi: India’s annual rate of inflation based on wholesale prices stood at 3.93 per cent for the month of November, official data showed here on Thursday. According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI), with the revised base year of 2011-12, stood at 3.93 per cent (provisional) […]

Revision-in-WPI
'Revision in WPI, IIP base year will raise 2016-17 GDP by 50 bps'

New Delhi: The country’s GDP for 2016-17 will get a 50 basis points (bps) push to 7.6 per cent from the government’s estimate of 7.1 per cent, due to the recent revision of the base year of the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP), India’s former chief statistician Pronab Sen said. […]

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