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.
Sep 14, 2015, 13:04 PM IST'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.
Aug 14, 2015, 16:01 PM ISTWholesale 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.
Aug 14, 2015, 12:39 PM ISTAhead 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.
Jul 31, 2015, 18:53 PM ISTBofA-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.
Jul 17, 2015, 20:27 PM ISTWholesale 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.
Jul 14, 2015, 13:29 PM ISTWholesale 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.
Jul 14, 2015, 12:35 PM ISTInflation 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.
Jul 07, 2015, 13:45 PM ISTMay 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.
Jun 15, 2015, 14:14 PM ISTWPI 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.
Jun 15, 2015, 12:23 PM ISTWPI 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.
May 17, 2015, 13:08 PM ISTWPI 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.
May 14, 2015, 13:18 PM ISTWPI inflation to average at 3.7% in FY'16: D&B
Inflation is likely to average 3.7 percent in 2015-16, higher than the moderate growth of 2 percent logged in the last financial year, says a Dun & Bradstreet report.
May 03, 2015, 11:23 AM ISTInflation at record low of (-)2.33% in March
Wholesale Price Index (WPI) based inflation has been in the negative zone since November 2014 mainly on account of cheaper food and fuel products.
Apr 15, 2015, 13:41 PM ISTWPI inflation dips to -2.06% in February
The annual rate of inflation, based on monthly Wholesale Price Index (WPI), dipped to (-)2.06 percent for the month of February compared to (-)0.39 percent in January.
Mar 16, 2015, 12:07 PM ISTNear zero inflation in December raises rate cut demands
Reversing a six month declining trend, inflation moved up marginally to 0.11 percent in December mainly due to increase in prices of food items.
Jan 14, 2015, 13:39 PM ISTInflation rises marginally to 0.11% in December from zero in November
Inflation for the month of December rose marginally to 0.11 percent from zero percent in November on the back of a slightly higher prices of essential commodities.
Jan 14, 2015, 12:53 PM ISTInflation hits zero level, lowest in over 5-years
Declining prices of vegetables and fuel items pulled down the inflation to zero level in November, the lowest in about five and half years, exerting pressure on RBI to cut rates to boost growth.
Dec 15, 2014, 12:51 PM ISTWPI inflation to remain range bound at 1.8-2% during Nov: D&B
The broad based slowdown in inflation trajectory is likely to continue amid declining global oil prices and the headline WPI inflation is expected to remain range bound at 1.8-2 per cent during November, says a report.
Nov 20, 2014, 17:41 PM ISTInflation dips to 5-year low of 2.38% in Sept on cheaper food
Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 percent.
Oct 14, 2014, 13:06 PM IST