Nov WPI inflation hits 21-month low of 5.85%; FM says govt will work to further bring down inflation

Nov WPI inflation hits 21-month low of 5.85%; FM says govt will work to further bring down inflation

Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during Winter Session of Parliament, in New Delhi, on Dec. 14, 2022. | Photo Credit: PTI The wholesale price-based inflation fell to a 21-month low of 5.85% in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has […]

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Wholesale inflation cooled to 10.7% in September, aided by base effects

Wholesale inflation cooled to 10.7% in September, aided by base effects

Cooling prices of edible oils, fruits help ease food inflation, but vegetables zoom 39.7% and potatoes 49.8%. Cooling prices of edible oils, fruits help ease food inflation, but vegetables zoom 39.7% and potatoes 49.8%. India’s Wholesale Price Inflation (WPI) dropped from 12.4% in August to 10.7% in September, the lowest level in at least a […]

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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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Wholesale prices go up to 15.1% in April

Wholesale prices go up to 15.1% in April

This marks the highest inflation rate in the current data series, eclipsing 14.9% recorded in November 2021 This marks the highest inflation rate in the current data series, eclipsing 14.9% recorded in November 2021 Inflation in wholesale prices hit 15.1% in April, the highest in the current data series, from 14.5% in March, driven largely […]

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