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Costly food prices drives WPI inflation higher to 1.62% in June

Jul 14, 2016

Costly food prices drives WPI inflation higher to 1.62% in June

The hardening of the WPI index follows an uptick in retail inflation, announced on Tuesday, which hit a 22-month high of 5.77 percent in June #Inflation #RBI #food prices #WPI #CPI #Rate cut
June CPI inflation inches up 5.77% on higher food prices; May IIP grows 1.2%

Jul 12, 2016

June CPI inflation inches up 5.77% on higher food prices; May IIP grows 1.2%

Economists surveyed by Reuters had expected annual retail inflation last month to come in at 5.73 percent compared with 5.76 percent in May #food prices #manufacturing #industrial output #retail inflation #consumer price inflation #CPI Inflation
Why inflation numbers do not make sense for India's poor

Jun 18, 2016

Why inflation numbers do not make sense for India's poor

Inflation rate has to be assessed vis a vis the government assessment of poverty based on calorie intake of food #Inflation #World Bank #food prices #Poverty line #CPI #Rangarajan Committee
Surging food prices: Finance minister Arun Jaitley to meet top ministers later today

Jun 15, 2016

Surging food prices: Finance minister Arun Jaitley to meet top ministers later today

Both WPI and consumer price inflation witnessed an upward bias in two straight months #Inflation #RBI #Arun Jaitley #food prices #WPI #CPI #retail inflation
May CPI inflation at 21-months high of 5.76%; August RBI rate cut looks unlikely

Jun 13, 2016

May CPI inflation at 21-months high of 5.76%; August RBI rate cut looks unlikely

The Consumer Price inflation (CPI) edged higher to 5.76 percent, higher than the 5.52 percent estimated by the economists in a Reuter’s poll and against 5.47 percent (revised) in the last month #RBI #Rate hike #food prices #CPI Inflation #vegetable inflation
Inflation in May expected to be higher at 5.52% on higher food prices

Jun 13, 2016

Inflation in May expected to be higher at 5.52% on higher food prices

Analysts fear an increase in the cost of petrol and diesel by more than 5 percent since 1 May, and food items like sugar and milk in the last month, could heat up prices #Economy #RBI #food prices #Raghuram Rajan #Monsoon #CPI Inflation #consumer prices
Inflation in May seen inching up further at 5.52% on higher food, fuel prices

Jun 09, 2016

Inflation in May seen inching up further at 5.52% on higher food, fuel prices

But India's weather office has stuck to its initial forecast for above average monsoon rains, adding to hopes of a revival in farm output and in turn lower food prices and interest rates #Inflation #RBI #food prices #Raghuram Rajan #fuel prices #Rate cut
India could take a hit of $49 bn in GDP amid volatile food prices: UN

May 26, 2016

India could take a hit of $49 bn in GDP amid volatile food prices: UN

The report said if global food prices double then China could lose $161 billion in GDP and India could lose $49 billion #GDP #United Nations #climate change #UN #food prices
Decoding 5.4% retail inflation: As food prices soar, rural India is worst hit

Dec 15, 2015

Decoding 5.4% retail inflation: As food prices soar, rural India is worst hit

One thing is for sure, the current rate spiral is inflicting more pain on the rural India than it does on people in urban centres #food prices #WPI #CPI #retail inflation #Vegetable prices #pulse prices #whole sale inflation
Wholesale price inflation rises to (-)1.99% in November on costlier food articles

Dec 14, 2015

Wholesale price inflation rises to (-)1.99% in November on costlier food articles

Deflationary trend eased in November with WPI inflation moving up to (-)1.99 per cent as food articles, led by pulses and onion, turned costlier. This is the 13th month in a row when the wholesale inflation remained in the negative territory. It has been in the negative zone since November last year. #Inflation #RBI #food prices #WPI #Onion #vegetables #Pulses