India’s wholesale inflation eases to 3.85% in February

India’s wholesale inflation eases to 3.85% in February

Onion prices continued to fall year-on-year for the 18th straight month since September 2021, with February 2023 recording the sharpest drop of 40.14% in wholesale prices. Image for representation purpose only. | Photo Credit: Reuters India’s Wholesale Price Inflation (WPI) moderated to a two-year low of 3.85% in February from 4.73% in January, with manufactured […]

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Morning Digest | Anti-encroachment drive in J&K halted after Centre steps in; Wholesale inflation eased to 4.7% in January, and more

Morning Digest | Anti-encroachment drive in J&K halted after Centre steps in; Wholesale inflation eased to 4.7% in January, and more

Security personnel deployed outside an automobile showroom, which is being demolished during an anti-encroachment drive, in Jammu on Saturday. | Photo Credit: ANI Anti-encroachment drive in J&K halted after Centre steps in The month-long anti-encroachment drive in Jammu and Kashmir to retrieve government land has been halted following an intervention by the Union Home Ministry, […]

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Wholesale price inflation drops to 12.41% in August

Wholesale price inflation drops to 12.41% in August

This is the seventeenth consecutive month that wholesale inflation has been over 10% This is the seventeenth consecutive month that wholesale inflation has been over 10% India’s wholesale price inflation dropped to 12.41% in August from 13.93% in July with the food index the only segment to report higher inflation during the month at 9.93% […]

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Wholesale price inflation slips below 14% for the first time since February

Wholesale price inflation slips below 14% for the first time since February

Wholesale Price Inflation moderated to a five-month low of 13.93% in July from 15.18% in June, driven by a lower pace of price rise for primary products, food items, and manufactured products, even though fuel and power inflation resurged from 40.38% in June to 43.75% in July. This is the 16th month in a row […]

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Centre mulls spending over ₹2 lakh crore to fight inflation, say sources

Centre mulls spending over ₹2 lakh crore to fight inflation, say sources

Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. The government is considering spending an additional ₹2 lakh crore ($26 billion) in the 2022-23 fiscal year […]

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