Wholesale inflation drops to 0.39% for May over last year
On the month-over-month change, WPI inflation for May stood at (-) 0.06% as compared to April, 2025.
On the month-over-month change, WPI inflation for May stood at (-) 0.06% as compared to April, 2025.
India’s wholesale inflation easing to a 13-month low of 0.85 per cent in April marks more than just a statistical footnote ~ it signals a potential pivot point for economic policy and business sentiment.
The Wholesale Price Index (WPI) based inflation in April 2025 was recorded at 0.85 per cent (provisional), a decline driven by lower food prices, the Commerce and Industry ministry said on Wednesday.
As India’s retail inflation witnessed six-year low in the month of March, items that witnessed the steepest decline in prices were ginger, tomato, cauliflower, jeera and garlic.
India’s latest inflation data has landed like a cool breeze in the sweltering summer of economic uncertainty.
The first post-election Union Budget has sparked significant interest, particularly due to its dual focus on job creation and rural development.
The latest survey released by FICCI here on Thursday predicted an annual median GDP growth forecast for the year 2024-25 at 7% and CPI inflation at 4.5% for the same period.
The wholesale inflation in India rose for the fourth consecutive month in June at 3.36%, riding on rise in prices of food articles, especially vegetables and manufactured items.
In the intricacies of economic policy, the relationship between inflation and interest rates is a pivotal one.
The economic recovery from the Covid-19 pandemic in India has been marked by a stark K-shaped pattern, where different segments of the population experience recovery at varying rates.