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.
Russia's central bank has increased its key interest rate from 18 per cent to 19 percent in an effort to curb inflation, the bank said in a statement on Friday.
Corresponding inflation rates for rural and urban areas were 4.16 per cent and 3.14 per cent in August, respectively.
The year-on-year inflation for June 2024 was 3.67 per cent as compared to 5.57 per cent in June 2023.
The latest remarks from the US Federal Reserve Chair, Jerome Powell, mark a significant turning point in America’s monetary policy landscape.
The latest data on US inflation is setting the stage for a pivotal moment in economic policy, as the Consumer Price Index (CPI) rose a modest 0.2 per cent in July, and the year-on-year increase fell to 2.9 per cent, the smallest since 2021.