Wholesale Inflation in August Declines
3 months ago

Wholesale Inflation in August Declines

Deccan Chronicle  

New Delhi: With the reduction in the prices of manufactured products as well as some food items, India’s wholesale price index or WPI-based inflation for August softened to a 4-month low of 1.31 per cent on an annual basis as compared to 2.04 per cent in July, while it was 0.46 per cent in August last year. “Inflation in manufactured products was 1.22 per cent in August, while the fuel and power category witnessed deflation of 0.67 per cent in August against inflation of 1.72 per cent in July,” the statement added. “The WPI inflation eased to a four-month low of 1.3% in August 2024, with the fuel and power, core, and crude petroleum and natural gas sub-groups together pulling down the headline WPI print by as much as 70 bps in the month vis-à-vis July 2024,” said Rahul Agrawal, senior economist at ICRA Ltd. However, ICRA said that the core WPI inflation dipped to 0.7 per cent in August 2024 from 1.2 per cent in July 2024, amidst a continued softening in global commodity prices.

History of this topic

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
1 week ago
WPI inflation declines to 3-month low of 1.89% on cheaper food
1 week ago
India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
1 week ago
Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
1 week ago
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
1 week, 4 days ago
India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
1 week, 4 days ago
US wholesale inflation surged higher in November
Trending News
1 week, 5 days ago
U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
1 week, 5 days ago
Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
Trending News
1 week, 5 days ago
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
1 week, 6 days ago
Soft landing? Not so fast: Inflation heated back up in October
3 weeks, 6 days ago
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
1 month, 1 week ago
Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
1 month, 1 week ago
Wholesale inflation rises to 2.36 per cent in October mirroring retail figures, food costs up 11.59 per cent
1 month, 1 week ago
Wholesale inflation heated up again last month, reversing recent progress
1 month, 1 week ago
U.S. inflation rose slightly last month after 2 years of steady cooling but remained low
1 month, 1 week ago
India’s 14-month high retail inflation fades hope of December rate cut
Trending News
1 month, 1 week ago
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
1 month, 3 weeks ago
India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices
3 months, 1 week ago
Retail inflation rises to 3.65% in August, second lowest in last five years
3 months, 1 week ago
US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates
3 months, 1 week ago
U.S. inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
3 months, 1 week ago
China's CPI up 0.6% in August
3 months, 2 weeks ago
China's CPI up 0.6% in August
3 months, 2 weeks ago
China's CPI up 0.6% in August
3 months, 2 weeks ago
​Illusory blip: On inflation
4 months, 1 week ago
WPI-based inflation for July eased to 2.04 per cent on annual basis
4 months, 1 week ago
India's Wholesale Inflation Dips To 2.04% In July
4 months, 1 week ago
U.S. inflation slowed again in July, clearing the way for the Fed to begin cutting rates
4 months, 1 week ago
Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July
4 months, 1 week ago
Retail inflation drops to 3.5% in July, hitting a near 5-year low
4 months, 1 week ago
Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut
4 months, 3 weeks ago
Wholesale Inflation Hits 16-Month High
5 months, 1 week ago
India's wholesale prices at a 16-month high in June as vegetable prices go up
5 months, 1 week ago
Wholesale price inflation rises to 3.36% in June, highest in 16 months
5 months, 1 week ago
US wholesale inflation picked up in June in sign that some price pressures remain elevated
5 months, 1 week ago
US inflation cools again, potentially paving way for Fed to cut interest rates soon
5 months, 1 week ago
India inflation seen up in June due to soaring vegetable prices: Reuters poll
5 months, 1 week ago
Wholesale price inflation rises to 2.61 pc in May, as against 1.26 pc in April: Govt data
6 months, 1 week ago
Retail inflation eases to 12-month low
6 months, 1 week ago
India’s retail inflation eases to 12-month low of 4.75 per cent in May
6 months, 1 week ago
Wholesale price increases accelerated in April as inflation remains sticky
7 months, 1 week ago
India's wholesale inflation rises to 13-month high of 1.26 per cent in April
7 months, 1 week ago
How the rate of inflation has changed for everyday items
8 months ago
Wholesale price inflation rises to three-month high of 0.53% in March
8 months, 1 week ago
March Inflation at 4.85%, Industrial Output 5.7% in February
8 months, 1 week ago
Inflation drops to 10-month low in March 2024, but no relief on food bills yet
8 months, 1 week ago
An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
8 months, 3 weeks ago
High food prices prevent swifter fall in inflation to 4% target, says RBI bulletin
9 months ago

Discover Related