Wednesday, 18 May, 2022
TopicWholesale Price Index (WPI)

Topic: Wholesale Price Index (WPI)

India’s WPI inflation surges to 11.39% in August due to costlier manufactured goods

According to data released Monday, retail inflation softened to a four-month low of 5.3% in August, from 5.59% in the previous month, led by subdued prices of food articles.

India’s WPI inflation eases to 11.16% in July, prices of food items go down

WPI inflation nonetheless remained in double-digit for the third consecutive month in July, mainly due to a low base of last year.

Wholesale inflation hits record high of 12.94% in May amid rising fuel prices

This is the fifth straight month of uptick seen in WPI-based inflation. In April 2021, WPI inflation hit double digit at 10.49%

India Inc will be hurt by Indians spending less, unless Modi launches income support scheme

Wholesale prices in India, a proxy for cost buildup, surged 10.5% last month — the most in 11 years. Consumer price inflation, meanwhile, slowed to 4.3% from 5.5% in March.

WPI inflation shoots up to 8-year high of 7.39% in March

The low base of March 2020, when the data was computed with a low response rate due to the nationwide Covid lockdown, also contributed to a spike in inflation in March 2021.

WPI inflation rises to 4.17% in February on costlier food, fuel, power

After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent.

WPI inflation rises to 2.03% in January even as food prices dip

According to data released by the Commerce and Industry ministry, manufactured items witnessed hardening of prices.

Wholesale inflation slowed to 1.22% in December on easing food prices

The inflation based on Wholesale Price Index was 1.55% in November 2020, and 2.76% in December 2019.

WPI inflation rises to 9-month high of 1.55% in November as manufactured items turn costlier

This is the highest level of WPI inflation since February, when it was 2.26% even as food items saw softening in inflation in November at 3.94%.

Costlier manufactured items push WPI inflation to 8-month high of 1.48% in October

This is the highest level Wholesale Price Index-based inflation has hit since February, when it was 2.26%.

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