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.
Speaking at a media event, the Governor assured that the RBI is prepared to act with strength and agility, likening the Indian economy to a tiger for its resilience amid fluctuating global conditions.
The corresponding figures for August were 5.96 per cent for agricultural labourers and 6.08 per cent for rural labourers, according to the Labour Ministry data.
The Reserve Bank of India’s (RBI) recent decision to maintain the key interest rate at 6.50 per cent while shifting its policy stance to “neutral” represents a strategic recalibration in its approach to balancing inflation control and economic growth.
The month over month change in WPI index for September 2024 stood at 0.06% as compared to August 2024.
With prices of essential commodities, including vegetables shooting up considerably on the eve of the Durga Pujas, chief secretary Manoj Pant will convene a high-level meeting at the state secretariat tomorrow in order to put a check on price rise, said sources at Nabanna.
