The detailed index numbers and inflation rates for 'All Commodities' and the major components of WPI for the last three months show that the WPI for all commodities (weight 100 per cent) increased from 152.9 in April (1.19 per cent inflation) to 153.3 in May (2.61 per cent inflation) and
Retail inflation or Consumer Price Index in India is expected to remain below or close to 5.0 per cent in the remaining months of 2024-25, except for September, asserted SBI Research.
Amid the ring food inflation which has become a pain point, the All-India Consumer Price Index-Industrial Workers (CPI-IW) for May increased by 0.5 point to reach to 139.9, official data showed on Wednesday.
Poultry dealers have reported an increase of PKR 37 per kilogram in chicken prices. The new rate now stands at PKR 421 per kilogram, with dealers attributing the hike to increased taxes.
According to the latest Pakistan Bureau of Statistics (PBS) weekly report, the annual inflation rate has surged to 23.59 per cent. The report highlights increases in prices for 29 essential items over the past week, while five items maintained stable prices and 17 experienced price reduction
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
Wholesale food prices have skyrocketed month-on-month in May, with official data showing that the Whole Price Index for food rising from 5.52 per cent in April to 7.40 per cent in May.
Wholesale inflation in India, based on the Wholesale Price Index, came in at 2.61 per cent in May versus 1.26 reported in April, official data from the commerce ministry showed on Friday.
Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 per cent in April. The retail inflation or Consumer Price Index, in December last year was 5.7 per cent, and since has been moderating.