Inflation negative for 16th month, falls to (-)0.91% in February

Inflation negative for 16th month, falls to (-)0.91% in February

Subdued prices of certain food items and petroleum products kept the WPI (Wholesale Price Index) inflation at (-)0.91 percent in February as against (-)2.17 percent a year ago. It was (-)0.9 percent in January.

 

WPI inflation at (-)0.73% in December, food prices harden

WPI inflation at (-)0.73% in December, food prices harden

For the 14th month in a row, wholesale prices fell in December but the rate of decline at 0.73 percent was the slowest in last one year as food prices shot up, indicating return of inflationary pressures ahead of RBI's monetary policy review.

Retail inflation at 14-month high of 5.41%; food prices spike

Retail inflation at 14-month high of 5.41%; food prices spike

Retail inflation rose for the 4th-month in a row in November, accelerating to 14-month high of 5.41 percent on sharp pickup in food prices, posing a challenge to further easing of monetary policy by the Reserve Bank.

RBI likely to slash repo rate by 0.50%  in H1 2016: Barclays

RBI likely to slash repo rate by 0.50% in H1 2016: Barclays

India is likely to clock a growth rate of 7.5 percent for the July-September quarter, while the Reserve Bank is expected to go for 0.50 percent cut in interest rate in the first half of next year amid softer inflation, says a Barclays report.

WPI inflation edges up at (-)3.81% in October on high prices of pulses

WPI inflation edges up at (-)3.81% in October on high prices of pulses

On the back of higher prices of pulses, vegetables and onion, WPI inflation for the month of October edged up to (-)3.81 percent as against (-)4.54 in September.

WPI inflation marginally up at (-)4.54% in September

WPI inflation marginally up at (-)4.54% in September

Inflation in food articles inched up to 0.69 percent in September, from (-)1.13 percent in August.

Inflation set to move up as base effect thins: India Ratings

Wholesale Price Inflation (WPI) has been declining since November, 2014 and CPI based retail inflation has been less than 4 percent in July and August, 2015.

RBI lowers inflation projection to 5.8% for Jan'16

RBI lowers inflation projection to 5.8% for Jan'16

The Reserve Bank on Tuesday lowered its inflation projection to 5.8 percent for January 2016 and said it will aim to bring it down further to 5 percent by the end of next financial year.

August WPI inflation dips to historic (-)4.95%, pressure on RBI to cut rate

The Wholesale Price Index-based inflation was (-)4.05 percent in July. It has been in the negative zone since November 2014. In August 2014, inflation was 3.85 percent.

'Inflation data boosts case for rate cut before RBI next meet'

With wholesale inflation plunging to a historic low, India Inc today said the downtrend in both WPI and retail inflation numbers coupled with sluggish industrial output data make a strong case for the Reserve Bank to cut interest rate ahead of its September 29 review.

Wholesale inflation falls to historic low of (-)4.05%

Wholesale inflation falls to historic low of (-)4.05%

The WPI number follows retail inflation (CPI) data, which had slipped to a record low of 3.78 percent in July.

Ahead of policy meet on August 4, Rajan meets Jaitley

Ahead of the third bi-monthly monetary policy review on August 4, Reserve Bank Governor Raghuram Rajan on Friday met Finance Minister Arun Jaitley and discussed a wide range of issues.

BofA-ML sees wholesale price 'deflation' continuing till Oct

American brokerage Bank of America-Merrill Lynch (BofA-ML) on Friday said the "deflation" on the wholesale price index is likely to continue till October.

Wholesale inflation at (-)2.4%, in negative zone for 8th month

Deflationary trends continued for the eighth month in a row in June with the wholesale price- inflation slipping to (-)2.4 percent, largely due to cheaper vegetable and fuel prices.

Wholesale inflation negative for 8th straight month, drops 2.4% in June

The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at -2.40 percent for the month of June as compared to -2.36 percent for the previous month.

Inflation priority makes RBI prepare to mop up liquidity

Inflation priority makes RBI prepare to mop up liquidity

The Reserve Bank of India aims to drain money markets of excess liquidity to counter inflationary pressures arising from higher government spending.

May inflation at (-)2.36%; in negative zone for 7th month

As per the government data released today, vegetable inflation was (-)5.5 percent, with potato recording a dip of about 52 percent.

WPI inflation at (-)2.36% in May

Deflationary pressure continued for the seventh month in a row with the annual rate of inflation, based on monthly WPI, stood at (-)2.36 percent for the month of May as compared to (-)2.65 percent for the previous month.

WPI inflation to dip further to (-)3% in May: Report

WPI inflation is expected to decline further to about (-)3 percent in May despite concerns over weak monsoon and strengthening crude prices, says an SBI research report.

WPI inflation falls (-)2.65% in April; industry demands rate cut

Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014.