Minister of Health and Family Welfare and Chemicals and Fertilizers Mansukh Mandaviya on Monday said that the prices of 651 essential medicines which were likely to increase by 12 per cent due to rising wholesale price index (WPI) will now witness a reduction in their retail prices by an ave
Notably, wholesale inflation in India based on the Wholesale Price Index continued to moderate and was at 3.85 per cent (provisional) in February 2023, against the previous month's 4.73 per cent. Overall wholesale inflation was at 8.39 in October and has been falling since then. Notably, the
Wholesale inflation in India based on the Wholesale Price Index continued to moderate and was at 3.85 per cent (provisional) in February 2023, against the previous month's 4.73 per cent, official data showed on Tuesday.
India's wholesale inflation based on the Wholesale Price Index for the month of November was at 5.85 per cent (provisional), against previous month's print of 8.39 per cen.
According to the statement from the ministry of commerce and industry, the decline in the rate of inflation in October is primarily contributed by fall in the price of mineral oils, basic metals, fabricated metal products, except machinery and equipment; textiles; other non-metallic mineral
New Delhi [India], October 14 (ANI): Experts say with retail inflation above the central bank's comfort zone, rate hikes would continue while wholesale price index (WPI) inflation is expected to ease to a single-digit number from October. The experts also said the drivers of inflation seem t
New Delhi [India], October 14 (ANI): India's wholesale price index-based inflation eased to 10.7 per cent in September as against 12.41 per cent recorded in the previous month, as per the government data released on Friday.
New Delhi [India], August 16 (ANI): India's wholesale inflation declined substantially during the month of July to 13.93 per cent, but continues to remain in double digits, official data released on Tuesday showed.
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
New Delhi [India], July 14 (ANI): India's wholesale inflation gauged by the Wholesale Price Index (WPI) came in at 15.18 per cent in June, official data showed on Thursday. June's wholesale inflation is marginally lower than the 15.88 per cent reported during the previous month.
New Delhi [India], June 14 (ANI): India's annual wholesale price-based inflation surged to 15.88 per cent in May, the highest level in nearly 10 years, due to a sharp jump in the prices of fuel, metal, chemicals, and food articles, the government data showed on Tuesday.