Wpi

  • January WPI inflation eases to eight-month low 14-02-2014 01:48 PM

    New Delhi: India's wholesale price-based inflation eased to an eight-month low in January as food prices moderated, offering some relief to policymakers who have long battled to get a handle on surging prices. The wholesale price index (WPI), long regarded as India's main inflation measure, rose 5.05 percent in January,...
  • December 2013 WPI inflation down to 6.16 pc vs 7.52 pc in November 15-01-2014 12:24 PM

    India's headline inflation eased to a five-month low of 6.16 percent in December from a 14-month high, helped by a softening in vegetable prices, government data showed on Wednesday. The wholesale price index's annual rise compared with a 7.0 percent jump forecast by economists in a Reuters poll. In November,...
  • RBI expected to raise interest rates, roll back rupee support 29-10-2013 09:33 AM

    Mumbai: The RBI is expected to raise policy interest rates for the second time in as many months on Tuesday to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the slumping rupee. Despite the risks to an already sluggish economy, the Reserve...
  • Inflation to remain at elevated level this year: RBI 28-10-2013 06:34 PM

    Wholesale price-based inflation that jumped to 6.46 per cent in September, is likely to remain around the same level in the second half of the current financial year, the Reserve Bank of India (RBI) said on Monday. In a note released ahead of the second quarter review of monetary policy...
  • Rupee drops 48 paise to 61.55 against dollar 14-10-2013 06:36 PM

    Mumbai: The rupee ended two sessions of gains and fell 48 paise to 61.55 against the dollar after weak inflation and industrial output data amid fresh demand from importers for the US currency. The decline came even as local equities firmed up amid sustained capital inflows. A weak dollar overseas...
  • September WPI inflation higher at 6.46% vs 6.1% in August 14-10-2013 12:33 PM

    Mumbai: The Wholesale Price Inflation for the month of September has increased to 6.46 per cent as against higher-than-forecast of 6 percent by analysts and 6.1 percent in August. It has been rising since May 2013 - it was 5.79 per cent in July, 5.16 per cent in June and...
  • May inflation declines to 4.7 pc from 4.89 pc in April 14-06-2013 12:24 PM

    New Delhi: The WPI-based inflation fell to 4.7 per cent in May, driven mainly by declining prices of manufactured items, even as prices of food articles inched up. Inflation based on the Wholesale Price Index (WPI) stood at 4.89 per cent in April. In May, 2012, it was 7.55 per...
  • CPI inflation slows to 9.31 per cent in May 12-06-2013 11:59 AM

    New Delhi: Falling for the third straight month, retail inflation stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items, even as vegetable prices inched up sharply. The Consumer Price Index (CPI) based inflation stood at 9.39 per cent in April. It...
  • April inflation slows to 4.89 pc, lowest since Nov 2009 14-05-2013 12:21 PM

    New Delhi: The headline inflation dropped to its lowest since 2009 in the month of April at 4.89 per cent, a level seen comfortable for the RBI to persist with monetary easing to revive a flagging economy. April's reading is well below the 5.50 per cent estimated by analysts in...
  • RBI likely to ease policy rate by 0.25 pc: Barclays 28-04-2013 11:45 AM

    New Delhi: The Reserve Bank of India is likely to cut rates by 0.25 per cent in its monetary policy review on May 3, driven by falling inflation levels and recent declines in the prices of oil, gold, and the trade deficit, according to a Barclays report. "We expect the...
  • March inflation eases to 5.96 per cent, lowest in 3 years 15-04-2013 12:33 PM

    New Delhi: Declining price of vegetables pulled down inflation to over three-year low of 5.96 per cent in March, which may prompt the Reserve Bank to consider a rate cut in its annual monetary policy next month. Inflation based on the Wholesale Price Index (WPI) stood at 6.84 per cent...
  • Retail inflation declines to 10.39 pc in March 12-04-2013 11:41 AM

    New Delhi: Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein based items eased. The Consumer Price Index (CPI) based inflation was at 10.91 per cent in February. The inflation, however, continued to remain in the double digit...
  • Inflation may accelerate to 8.2 pc by Dec: Morgan 18-11-2012 10:42 AM

    New Delhi: Notwithstanding the slight decline in Wholesale Price Index (WPI) inflation in October, inflationary pressures are likely to continue in the months ahead and may touch 8.2 per cent by the year end, says a report. According to a research note by Morgan Stanley, WPI inflation is likely to...
  • October inflation slows to 7.45 per cent 14-11-2012 12:43 PM

    New Delhi: India's headline inflation slowed slightly in October but was still high enough to be a headache for the RBI and the government as they struggle to tame prices and revive flagging growth ahead of elections. Wholesale prices - India's main inflation gauge - rose an annual 7.45 per...
  • Food inflation falls to 6-year low of 0.42 pc 29-12-2011 12:21 PM

    New Delhi: Food inflation fell sharply to a six-year low of 0.42 per cent in the week ended December 17 as prices of essential items like vegetables, onion, potato and wheat declined. Food inflation, as measured by Wholesale Price Index (WPI), stood at 1.81 per cent in the previous week....
  • Inflation eases to 9.11 pc in November 14-12-2011 01:13 PM

    New Delhi: Moderating prices of essential food items like onions, potatoes and milk pulled down inflation marginally to 9.11 per cent in November, a development that may prompt the Reserve Bank to halt its monetary tightening strategy at its policy review on Friday. Inflation, as measured by the Wholesale Price...
  • 'Food inflation may fall below 3 pc soon' 14-12-2011 12:43 PM

    New Delhi: Buoyed by a continuous decline in food inflation over the past five weeks, Chief Economic Advisor Kaushik Basu on Wednesday expressed hope it may fall below 3 per cent in a month's time. "I do expect the food inflation to come down below 3 per cent within a...
  • Food inflation falls sharply to 6.60 per cent 08-12-2011 12:23 PM

    New Delhi: Food inflation fell sharply to 6.60 per cent for the week ended November 26, reflecting a decline in prices of essential items like vegetables, onions, potatoes and wheat. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 8 per cent in the previous week ended...
  • Inflation to fall to 7.8 pc by March 2012: Citi 20-11-2011 10:51 AM

    New Delhi: Global financial services giant Citigroup has forecast that headline inflation in India is likely remain above the 9 per cent-mark till December, before moderating to around 7.8 per cent by March, 2012. "We expect inflation to remain over 9 per cent for the November-December reading. Post that, primarily...
  • Food inflation rises to 9.13 per cent 23-06-2011 01:01 PM

    New Delhi: Food inflation in the country touched a two-and-half-month high of 9.13 per cent in the week ended June 11 on the back of costlier fruits, milk, onions and protein-based items. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 8.96 per cent during the previous...
  • Food inflation drops to 18-month low of 7.7 pc 12-05-2011 12:21 PM

    New Delhi: Food inflation dropped to 7.7 per cent for the week ended April 30, the lowest level in 18 months, due to a fall in the price of pulses and vegetables, especially potatoes. The rate of price rise in food items, as calculated on the basis of the wholesale...
  • Inflation overshoots RBI target, at 8.98 pc 15-04-2011 02:44 PM

    New Delhi: High prices of vegetables and manufactured items drove the headline inflation in March to 8.98 per cent, way above the RBI's expectation of 8 per cent. The overall inflation measured on the basis of Wholesale Price Index (WPI) was 8.31 per cent in February. The rise in overall...
  • Inflation to clock over 13 pc by Dec: RBI 12-04-2011 05:07 PM

    Mumbai: Urban households expect inflationary pressure to sustain through 2011 and feel there may not be any softening of food prices, an RBI survey shows. While year end 2011 household inflation is expected to be 13.1 per cent, up from the perceived 11.8 per cent in December 2010, daily-wage workers...
  • Food inflation dips to 9.5 pc from 10.05 pc 31-03-2011 12:31 PM

    New Delhi: Food inflation fell to a single digit at 9.5 per cent for the week ended March 19 amid easing pulses prices, even as fruits and protein-based items remained costly. Food inflation based on the wholesale price index (WPI) had risen to 10.05 per cent for the preceding week...
  • Inflation climbs to 8.4 per cent in December 14-01-2011 11:50 AM

    New Delhi: Inflation for December 2010 has risen to 8.43 per cent from 7.48 per cent in the previous month. Inflation was above 8 per cent in the months of August (8.51 per cent), September (8.62 per cent) and October (8.62 per cent) before falling to 7.48 per cent in...