Retail inflation benign in November; WPI inflation at 9-month high of 1.55%

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The prices of household items remained moderate in the month of November 2020. Consumer Price Index (CPI) inflation, also known as retail inflation, decreased from 7.61 per cent in October to 6.93 per cent in November, according to the Ministry of Statistics & Programme Implementation. The rise in food prices also moderated from 11 per […]

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Rising food prices temporary, will be normal soon: DEA Secretary

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The current trend of increases food prices, particularly vegetables like onions and potatoes is  a temporary phenomenon, Economic Affairs Secretary Tarun Bajaj said. However, arrival of new crops and measures by the government to improve supply of essential commodities will soon put a stop to the skyrocketing prices, he added. Some commodities like onion, potatoes […]

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India’s WPI inflation declined to near 2-year low at 2.02 per cent in June 2019

India’s wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June 2019, helped by decline in prices of vegetables as well as fuel and power items, according to official data. The Wholesale Price Index (WPI)-based inflation was at 2.45 per cent in May 2019. It was […]

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India’s Wholesale Price Index inflation rises to 3.18% in March 2019 on costlier food, fuel; retail inflation rises by 2.86%

Wholesale price-based inflation rose for the second consecutive month to 3.18 per cent in March on costlier food and fuel, latest government data showed. The Wholesale Price Index (WPI) based inflation was at 2.93 per cent in February. It was 2.74 per cent in March 2018. Inflation in food articles hardened with steep rise in […]

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India’s wholesale inflation rises to 2.93% in February 2019

Inflation based on wholesale prices rose to 2.93% in February over the previous month due to hardening of prices of primary articles, fuel and power, according to latest government data. According to India’s commerce ministry’s latest release, the price of betel leaves, maize, arhar, bajra, barley, jowar, poultry chicken, moong, masur, wheat, paddy, urad, pork, […]

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