Tomato prices are up through the roof. Retail prices are in the range of Rs 120-150 per kilogram in most mandis across India, making the household vegetable more expensive than petrol. Prices, which at the beginning of the year were in the range of Rs. 25 a kg, have increased by an order of between 500-600 percent. What does the data show? The National Horticultural Board is a body under the...
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Wholesale Price Inflation in negative territory, hits three year low of -3.48% - PTI/Deccan Herald
Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items. The Wholesale Price Index (WPI) based inflation rate has been in the negative territory for the second straight month. In April it was (-) 0.92 per cent. In May, 2022 WPI inflation was at 16.63 per cent. The May, 2023 data print of (-) 3.48 per cent...
More »Commodity prices have brought inflation to its lowest in months in India - Mimansa Verma
Quartz India Easing global commodity prices have begun to reflect on inflation in India, at both the wholesale and consumer levels. Wholesale price rise in April fell into negative territory for the first time since July 2020, to -0.92%, government data showed yesterday (May 15). It stood at 15.38% in the same month last year. The decline in inflation in goods sold in bulk was primarily driven by a fall in the...
More »Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha
-PTI/ The Telegraph Experts say a high base of last year and some easing in food prices also worked in favour of the November 2022 Wholesale Price Index The wholesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (Wholesale Price Index) based inflation has been on a declining trend since May and came down to single digit...
More »Wholesale inflation crashes to 21-month low of 5.85% in November
-Moneycontrol.com The drop in wholesale inflation comes two days after statistics ministry data showed the more Consumer Price Index (CPI) inflation fell far more than expected to 5.88 percent in November India's wholesale inflation fell to a 21-month low of 5.85 percent in November, according to data released by the commerce ministry on December 14. At 5.85 percent, the latest Wholesale Price Index (WPI) inflation figure is a huge 470 basis points lower...
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