-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on Wholesale Price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
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WPI inflation slides to 3.07% in April on cheaper fuel, manufactured items
-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
More »Cash transfers are fine, but low prices are the problem: Farmers -Jayanta Roy Chowdhury
-The New Indian Express As low prices continue to plague millions of farms all over the country, farmers and their leaders say cash transfers are fine, but main issue is agricultural prices which make farming unremunerative. NEW DELHI: Ishwar Singh is a worried man. The furrows in his brow below his once white turban have deepened. He planted onions in his two-acre farm near Sonepat this winter and got what he believed...
More »WPI inflation spikes to 3.18% in March on costlier food, fuel
-PTI The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Wholesale Price-based inflation rose for the second consecutive month to 3.18% in March on costlier food and fuel, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Inflation in food articles hardened with steep rise in prices of vegetables during...
More »Prices of essential medicines, stents to go up by over 4% -Rupali Mukherjee
-The Times of India MUMBAI: Prices of essential medicines, including painkillers, anti-infectives, supplements and antibiotics, will go up by over 4%, after the government gave its nod to the increase, in line with the annual Wholesale Price Index (WPI). Hike in prices of cardiac stents have also been allowed on the basis of WPI at 4.26% for calendar year 2018. The revision in prices of both stents and medicines will come...
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