Tag: Wpi

September is the 18th consecutive month of double-digit WPI inflation.

Inflation in August, however, was much lesser than 16.23 per cent recorded in June 2022.

Inflation in manufactured items was lower at 10.62 per cent in December, against 11.92 per cent in the previous month.

Inflation in fuel and power basket was higher at 39.81 per cent in November, as against 37.18 per cent in October.

Higher prices of primary goods along with food articles and fuel cost stiffened India's October 2021 wholesale inflation on a sequential and year-on-year basis.

"The high rate of inflation in September 2021 is primarily due to rise in prices of mineral oils, basic metals, non-food articles, food products, crude petroleum and natural gas, chemicals and chemical products etc, as compared to the corresponding month of the previous year," the ministry said

The wholesale price-based inflation eased marginally to 12.07 per cent in June as crude oil and food items witnessed some softening in prices.

New Delhi: Lower fuel and manufactured products prices eased India’s annual rate of inflation based on wholesale prices to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed here on Monday. As per the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry, December’s inflation […]

New Delhi: Wholesale price-indexed (WPI) inflation in India during March softened marginally at 2.47 per cent from 2.48 per cent in the previous month, official data showed here on Monday. According to the Commerce Ministry data, the WPI inflation in March 2017 was more than double at 5.11 per cent. “The annual rate of inflation, […]

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. […]

The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods.

Mumbai:India depends on Iran for nearly 10 per cent of its oil requirements, with the US sanction drying this source by May 2, the country’s macroeconomic situation may go for a tailspin if an alternative is not found immediately. India will have to increase its dependence on oil imports from OPEC nations such as Saudi […]

New Delhi: The rise in India’s August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday. Accordingly, the rise in August’s WPI remained unchanged at 1.08 per cent on a sequential basis. However, it eased on a YoY basis. In August 2018, the WPI had […]

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 […]

New Delhi: High food, primary articles and manufactured goods’ prices accelerated India’s September wholesale inflation. Consequently, the annual rate of inflation based on wholesale prices rose to 1.32 per cent in September from 0.16 per cent in August from (-) 0.25 per cent in July. On a year-on-year (YoY) basis, the Wholesale Price Index (WPI) […]