-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the wholesale price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...
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Wholesale price index dips in May -TCA Sharad Raghavan & Sanjay Vijayakumar
-The Hindu Food inflation remained positiv, at 3.8 % compared to what it was in May 2014. Wholesale Price Index (WPI) inflation was -2.36 per cent in May, marking the seventh consecutive month in which it has been negative, compared to -2.65 per cent in April. Food inflation remained positive, at 3.8 per cent compared to what it was in May 2014. However, the consensus among analysts is that this will not...
More »Vegetable prices on the boil -Dilip Kumar Jha
-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...
More »Narendra Modi’s Bharat challenge: Low production, dipping income -Harish Damodaran
-The Indian Express Dealing with the farm distress, while simultaneously creating enough non-farm job opportunities, is going to be a tough task. Call it bad luck or otherwise, the Narendra Modi government’s first year in office hasn’t been a really great one for agriculture and rural incomes. To start with, rainfall was deficient in both the south-west (June-September) and the north-east (October-December) monsoon seasons by over 12 per cent and 33 per...
More »WPI inflation dips to record low in April
-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
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