India's wholesale price inflation rose to 1.81 per cent in January, according to provisional data released by the Ministry of Commerce and Industry, reflecting an increase in wholesale prices.
US consumer price inflation rose below market expectations in November, though concerns remain over data accuracy due to disruptions caused by the government shutdown, according to ICICI Bank Global Markets Research.
The HSBC Flash India Composite Output Index, which tracks the combined performance of the country's manufacturing and services sectors, slipped to 59.9 in November from 60.4 in October, hitting a six-month low, according to data released by S&P Global.
Speaking to ANI, Yadav stated that farmers will receive an additional Rs 300 per quintal for paddy and Rs 400 per quintal for wheat over the existing Minimum Support Price (MSP), and will also be provided with free electricity for irrigation purposes if the Mahagathbandhan forms the gover
Consume price inflation in India which eased to an over six-year low in May (at 2.82 per cent) is seen declining further towards 2 per cent, perhaps even lower, by July, according to a report SBI Research.
According to a report by Centrum Institutional Research, the recent decline in consumer price inflation (CPI) for January could provide the Reserve Bank of India (RBI) with enough room for another 25 basis points (bps) rate cut in the near future.
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
The WPI for all commodities decreased marginally by 0.38 per cent month-over-month (MoM) in December 2024, reflecting price corrections across certain segments.
India's consumer price inflation (CPI) is expected to remain above 5 per cent for the rest of 2024, according to a recent report by the State Bank of India (SBI).
The WPI for all commodities in August stood at 154.5, showing a slight decrease from 155.2 in July. Primary articles, which hold a weightage of 22.62 per cent, registered an index of 194.9 with a year-on-year inflation rate of 2.42 per cent, down from 3.08 per cent in July.
The Consumer Price Index for industrial workers surged marginally in June by 1.5 points to 141.4 however, the consumer price inflation for industrial workers declined marginally to 3.67 per cent in June from 3.86 per cent in May 2024.