Friday, 19 August, 2022
TopicWPI

Topic: WPI

How food prices play out in India this year will depend on global inflation and local rains

While a lot has been talked about commodities that have become expensive, not much is being talked about commodities that are selling cheaper than last year.

WPI inflation declines to 13.56% in December, stays double digits for 9 consecutive month

Inflation in food articles, however, witnessed an uptick on a month-on-month basis at 9.56% in December, against 4.88% in November.

WPI inflation jumps to 5-month high of 12.54% in October

WPI inflation has remained in double digit for the seventh consecutive month. Inflation in September this year was at 10.66 per cent, while in October 2020 it was at 1.31 per cent.

WPI inflation eases to 10.66% in September, but stays in double digits for 6th month in a row

The high rate of inflation was due to the rise in prices of mineral oils, basic metals, non-food articles, food products, crude oil & natural gas, chemicals & chemical products etc.

India’s WPI inflation for June eases to 12.07% as food, crude oil prices go down

WPI inflation however remained double-digit for the third consecutive month in June, mainly due to a low base of last year. WPI inflation was at (-) 1.81%, in June 2020.

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.

Farm income in India hasn’t been this bad in almost 20 years, and it may be too late for Modi to fix

WPI sub-component for primary food articles has been negative for six consecutive months beginning July 2018.

On Camera

YourTurn

Sir Ganga Ram hospital Consultants, Residents and DNB students hold placards during a protest in New Delhi, on 30 December 2021 | PTI

Distrust of Indian doctors isn’t new. Class-caste bias always ruled medical profession

As a practising doctor, I discovered large question marks on claims of a trustful patient-doctor relationship in the past. The routine dehumanisation of underprivileged patients remains a rarely mentioned topic.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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