Wholesale inflation at 3-year low, falls to -3.48% in May from -0.92% in April
1 year, 6 months ago

Wholesale inflation at 3-year low, falls to -3.48% in May from -0.92% in April

Hindustan Times  

Wholesale price-based inflation rate declined by 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items. Inflation in food articles eased to 1.51 per cent in May, against 3.54 per cent in April. The May, 2023 data print of 3.48 per cent is the lowest WPI print recorded since May 2020, when wholesale inflation was at 3.37 per cent. Fuel and power basket inflation eased to 9.17 per cent in May, from 0.93 per cent in April.

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India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
1 week, 1 day ago

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

Deccan Chronicle  

New Delhi: With the decline of prices of food items, especially vegetables and onions, India’s wholesale price index or WPI-based inflation fell to a three-month low of 1.89 per cent in November, down from 2.36 per cent in October, while the WPI-based inflation stood at 0.39 per cent in November last year, the government data showed on Monday. As per …

WPI inflation declines to 3-month low of 1.89% on cheaper food
1 week, 1 day ago

WPI inflation declines to 3-month low of 1.89% on cheaper food

Live Mint  

New Delhi: The annual inflation rate based on the all-India Wholesale Price Index eased to 1.89% in November, down from 2.36% in October, driven by lower food prices. “WPI inflation eased to 1.9% in November 2024 from 2.4% in October, driven by a moderation in food inflation, which fell to 8.9% from 11.6%. As per Consumer Price Index data released …

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
1 week, 1 day ago

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October

Firstpost  

Headline retail inflation, the key target for the Reserve Bank of India’s monetary policy decisions, eased to 5.48% in November, down from 6.21% in the prior month India’s wholesale inflation slowed in November to 1.89% year-on-year, easing from the previous month, due to a smaller increase in food prices, government data showed on Monday. The wholesale inflation rate, a proxy …

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
1 week, 1 day ago

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%

The Hindu  

India’s wholesale prices rose at a three-month low pace of 1.89% in November, easing from October’s 2.4% uptick, with food price inflation decelerating to 8.9% from a 25-month high of 11.6% in the previous month, even as manufactured products’ inflation accelerated to 2%. EDITORIAL | Price worries: On inflation Among manufactured products, some of the important groups that showed month-over-month …

US wholesale inflation accelerated in November in sign that some price pressures remain elevated
1 week, 5 days ago

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% …

US wholesale inflation surged higher in November
Trending News
1 week, 5 days ago

US wholesale inflation surged higher in November

CNN  

CNN — US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers. A closely watched gauge of underlying wholesale inflation grew more modestly and a chunk of November’s increase could be attributed to a spike in egg prices as a deadly bird flu ripples through …

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
1 week, 5 days ago

U.S. wholesale inflation accelerated in November, a sign that some price pressures remain

LA Times  

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% last month …

WPI inflation hits 4-month high of 2.4% in October
1 month, 1 week ago

WPI inflation hits 4-month high of 2.4% in October

Hindustan Times  

India’s wholesale inflation, as measured by the Wholesale Price Index, rose to a four-month high of 2.4% in October, according to data released by the Union ministry of commerce and industry on Wednesday, mirroring the spike in retail inflation, and also caused by the same underlying factor -- higher food prices. WPI inflation hits 4-month high of 2.4% in October …

US wholesale inflation picks up slightly in sign that some price pressures remain elevated
1 month, 1 week ago

US wholesale inflation picks up slightly in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain the month …

Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
1 month, 1 week ago

Rising food prices push India’s wholesale inflation to four-month high in Oct

Live Mint  

India's wholesale price index -based inflation rose to a four-month high of 2.36% in October due to rising food prices, showed the ministry of commerce and industry's provisional data on Thursday. On a year-on-year basis, the core WPI print rose to 0.3% in October," said Rahul Agrawal, senior economist, Icra Ltd. Elevated food prices have also pushed India's retail inflation, …

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 rises to 2.36 per cent in October mirroring retail figures, food costs up 11.59 per cent

India TV News  

In line with the uptick in retail inflation, wholesale inflation in India too witnessed a sharp spike in October. The annual rate of inflation based on all India Wholesale Price Index number is 2.36 per cent for the month of October, 2024. For food index, which has 24.38 per cent weightage, the rate of wholesale inflation was at 11.59 per …

Wholesale inflation heated up again last month, reversing recent progress
1 month, 1 week ago

Wholesale inflation heated up again last month, reversing recent progress

CNN  

CNN — US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level. The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, rose 0.2% on a monthly basis and 2.4% for the 12 months ended in October, marking an acceleration from September, when prices ticked …

Inflation gauge closely watched by the Fed falls to lowest level since early 2021
1 month, 3 weeks ago

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

LA Times  

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels. Inflation peaked at 7.1% in June 2022 after the economy had accelerated out of the pandemic recession at a time of severe shortages of parts …

Wholesale Inflation in August Declines
3 months, 1 week 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 …

India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices
3 months, 1 week ago

India's WPI inflation drops to four-month low of 1.31 per cent in August on lower prices

New Indian Express  

NEW DELHI: Wholesale inflation fell for the second consecutive month to 1.31 per cent in August due to cheaper vegetables, food and fuel, government data released on Tuesday showed. The fuel and power category witnessed deflation of 0.67 per cent in August against inflation of 1.72 per cent in July. Data released last week showed retail inflation was at 3.65 …

U.S. inflation reaches a 3-year low as Federal Reserve prepares 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

LA Times  

Wednesday’s report from the Labor Department showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July. The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week. Excluding volatile food and energy costs, …

WPI-based inflation for July eased to 2.04 per cent on annual basis
4 months, 1 week ago

WPI-based inflation for July eased to 2.04 per cent on annual basis

Deccan Chronicle  

New Delhi: India’s wholesale price index or WPI-based inflation for the month of July eased to a 3-month low of 2.04 per cent on an annual basis. In June, WPI inflation was at a 16-month high of 3.36 per cent, driven by costlier food items, while it was 1.23 per cent in July last year, the government data showed on …

India's Wholesale Inflation Dips To 2.04% In July
4 months, 1 week ago

India's Wholesale Inflation Dips To 2.04% In July

News 18  

Wholesale inflation in the country declined to 2.04 per cent in July, according to government data released on Wednesday. The Department for promotion of industry and internal trade in a post on X said “the annual rate of inflation based on WPI stood at 2.04 % in July 2024 as compared to 3.36 % in June, 2024.” The annual rate …

Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July
4 months, 1 week ago

Retail Inflation Declines to 59-month Low of 3.54 Per Cent in July

Deccan Chronicle  

New Delhi: With the significant easing of food prices, consumer retail inflation declined to a 59-month low of 3.54 per cent in July, showing below the central bank’s targeted 4 per cent for the first time in nearly 5 years, while India’s industrial output slowed to a five-month low of 4.2 per cent in June 2024, mainly due to poor …

Retail inflation drops to 3.5% in July, hitting a near 5-year low
4 months, 1 week ago

Retail inflation drops to 3.5% in July, hitting a near 5-year low

India Today  

Retail inflation in July eased to 3.54%, marking a sharp decline after it rose in the previous month. "There is sharp decline in the year-on-year inflation rate based on the All India Consumer Price Index number for the month of July 2024, which is the lowest in the last 59 months," the government's press release said. "Year-on-year inflation rate based …

Wholesale Inflation Hits 16-Month High
5 months, 1 week ago

Wholesale Inflation Hits 16-Month High

Deccan Chronicle  

New Delhi: With the increase in prices of food articles, especially vegetables and other food products, crude petroleum & natural gas, and mineral oils among others, the wholesale price surged to a 16-month high of 3.36 per cent in the month of June from 2.61 per cent in May this year. As per the data, inflation in food articles rose …

India's wholesale prices at a 16-month high in June as vegetable prices go up
5 months, 1 week ago

India's wholesale prices at a 16-month high in June as vegetable prices go up

Hindustan Times  

Wholesale inflation in the country surged to a 16-month high of 3.36 per cent in June on account of rise in prices of food articles, especially vegetables and manufactured items. As per the data, inflation in food articles rose 10.87 per cent in June, as against 9.82 per cent in May. Looking ahead, she said, the headline WPI inflation is …

Wholesale price inflation rises to 3.36% in June, highest in 16 months
5 months, 1 week ago

Wholesale price inflation rises to 3.36% in June, highest in 16 months

The Hindu  

Inflation in India’s wholesale prices accelerated to 3.4% in June, the highest in 16 months, from 2.6% in May, led by a spike in food inflation to 8.7% and a near-doubling in the rise of manufactured products prices to 1.43%. Pricier vegetables, cereals, and fruits spurred the rise in food prices paid by Indian consumers to a six-month high of …

US wholesale inflation picked up in June in sign that some price pressures remain elevated
5 months, 1 week ago

US wholesale inflation picked up in June in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high. The Labor Department said Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.2% from May to June after being unchanged the month before. The increase …

US inflation cools again, potentially paving way for Fed to cut interest rates soon
5 months, 1 week ago

US inflation cools again, potentially paving way for Fed to cut interest rates soon

New Indian Express  

WASHINGTON: Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report, consumer prices declined 0.1% from May to June after having remained flat the previous month, the Labor …

India inflation seen up in June due to soaring vegetable prices: Reuters poll
5 months, 2 weeks ago

India inflation seen up in June due to soaring vegetable prices: Reuters poll

Hindustan Times  

By Vivek Mishra India inflation seen up in June due to soaring vegetable prices: Reuters poll BENGALURU - India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to crops wrought by extreme weather, according to a Reuters poll of economists. The July 5-9 …

Federal Reserve’s preferred inflation gauge shows price pressures easing further
5 months, 3 weeks ago

Federal Reserve’s preferred inflation gauge shows price pressures easing further

Associated Press  

WASHINGTON — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May, the smallest increase since the spring of 2020, when the pandemic erupted and shut down the economy. The presumptive …

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
6 months ago

Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

Associated Press  

NEW YORK — Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Earlier this month, the government reported that America’s employers added a robust 272,000 jobs in May, accelerating from April and an indicator that companies are still bullish enough in the economy to keep hiring …

Wholesale price inflation rises to 2.61 pc in May, as against 1.26 pc in April: Govt data
6 months, 1 week ago

Wholesale price inflation rises to 2.61 pc in May, as against 1.26 pc in April: Govt data

India TV News  

The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items. As per the data, inflation in food articles rose 9.82 per cent in May, as against 7.74 per cent in April. Inflation in vegetables was 32.42 per cent in May, up …

China's consumer prices rise in May
6 months, 1 week ago

China's consumer prices rise in May

China Daily  

By Ouyang Shijia | chinadaily.com.cn| Updated :2024-06-13 Shoppers pick fruit at a supermarket in Beijing, May 12, 2024. The country's consumer price index, a main gauge of inflation, rose by 0.3 percent year-on-year in May, flat with the rise in April, the National Bureau of Statistics said. Meanwhile, non-food prices posted a 0.8 percent rise compared with a year earlier …

Retail inflation eases to 12-month low
6 months, 1 week ago

Retail inflation eases to 12-month low

Deccan Chronicle  

New Delhi: With the decline of food prices and kitchen items, India’s headline retail inflation eased to a 12-month low of 4.75 per cent in May on an annual basis from 4.83 per cent in April, while the industrial output slowed to a three-month low of 5 per cent in April as against 5.4 per cent in March this year, …

US inflation eases to 3.3% in May, defying expectations for slight rise
6 months, 1 week ago

US inflation eases to 3.3% in May, defying expectations for slight rise

Hindustan Times  

Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year. "The cool inflation numbers should boost investor confidence for a Fed rate cut in the second half of 2024," said Bret Kenwell, US investment analyst at trading platform eToro. With inflation slowing and other recent data …

India’s retail inflation eases to 12-month low of 4.75 per cent in May
6 months, 1 week ago

India’s retail inflation eases to 12-month low of 4.75 per cent in May

India TV News  

Retail inflation: Retail inflation eased to a 12-month low of 4.75 per cent in May as prices of some kitchen items declined marginally, according to government data released on Wednesday. The Consumer Price Index based retail inflation was 4.83 per cent in April 2024 and 4.31 per cent in May 2023. Inflation in the food basket was 8.69 per cent …

Wholesale price increases accelerated in April as inflation remains sticky
7 months, 1 week ago

Wholesale price increases accelerated in April as inflation remains sticky

Associated Press  

WASHINGTON — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year. The Labor Department said Tuesday that its producer price index — which tracks price changes before they reach consumers — climbed 0.5% from March to April, after it dipped 0.1% the previous …

India's wholesale inflation rises to 13-month high of 1.26 per cent in April
7 months, 1 week ago

India's wholesale inflation rises to 13-month high of 1.26 per cent in April

India TV News  

Wholesale inflation: India's wholesale inflation in India, based on the Wholesale Price Index, surged to 1.26 per cent in April on an annual basis, marking a notable increase from the 0.53 per cent recorded in March and reaching a 13-month high, data from the Commerce Ministry on Tuesday showed. Wholesale inflation saw a second consecutive month of increase in April, …

Wholesale price inflation rises to three-month high of 0.53% in March
8 months, 1 week ago

Wholesale price inflation rises to three-month high of 0.53% in March

The Hindu  

India’s wholesale price inflation rose to a three-month high of 0.53% in March from 0.2% in February, with the food index rising 4.65%, primarily led by cereals prices surging at a 12-month high pace even as the inflation in paddy, potato and onions accelerated. For the full year 2023-24, wholesale prices remained in deflationary mode, averaging -0.7%, the lowest pace …

Inflation drops to 10-month low in March 2024, but no relief on food bills yet
8 months, 1 week ago

Inflation drops to 10-month low in March 2024, but no relief on food bills yet

The Hindu  

India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the previous month as price rise accelerated in cereals and meat, while vegetables, pulses, spices and eggs remained in double-digit inflation. Even as crude oil prices are firming up and …

High food prices prevent swifter fall in inflation to 4% target, says RBI bulletin
9 months ago

High food prices prevent swifter fall in inflation to 4% target, says RBI bulletin

Live Mint  

Food price pressures are deterring a swifter fall in headline inflation towards the target of 4 per cent, the Reserve Bank of India said in its monthly bulletin for March 2024, released on Tuesday. “Even as inflation is on the ebb with broad-based softening of core inflation, the repetitive incidence of short amplitude food price pressures deters a swifter fall …

US wholesale prices picked up in February in sign that inflation pressures remain elevated
9 months, 1 week ago

US wholesale prices picked up in February in sign that inflation pressures remain elevated

Associated Press  

WASHINGTON — Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like. The Labor Department said Thursday that its producer price index — which tracks inflation before it reaches …

Wholesale price index eases marginally to 0.2% in Feb
9 months, 1 week ago

Wholesale price index eases marginally to 0.2% in Feb

Live Mint  

India’s wholesale price-based inflation eased marginally to 0.2% in February from 0.27% in January, but continued to be in positive territory for the fourth month in a row. The February inflation data was in line with expectations, as prices of essential commodities like fuel, power and manufactured goods declined even as food prices and crude rose slightly compared with the …

Wholesale food prices spiked in February
9 months, 1 week ago

Wholesale food prices spiked in February

The Hindu  

India’s wholesale price inflation moderated to a four-month low of 0.2% in February from 0.27% in January, despite an acceleration in food and primary articles’ inflation rates, owing to a sharper year-on-year drop in manufactured products and fuel and power prices. The Wholesale Food Index picked up from 3.8% in January to 4.1% in February, while primary articles’ prices rose …

US wholesale inflation accelerated in January in latest sign that prices picked up last month
10 months, 1 week ago

US wholesale inflation accelerated in January in latest sign that prices picked up last month

Associated Press  

WASHINGTON — Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated. Fed officials have expressed optimism that inflation is headed lower, and in December they forecast that they would cut their benchmark rate three times this year. Austan Goolsbee, president of the Chicago Fed, said Wednesday that …

India's WPI Inflation Eases to 0.27% in January
10 months, 1 week ago

India's WPI Inflation Eases to 0.27% in January

Deccan Chronicle  

New Delhi: With the moderation in prices of food items, including vegetables, India's wholesale price index or WPI-based inflation eased in January to 0.27 per cent. As per the ministry’s data, all items on food inflation declined to 6.85 per cent in January, from 9.38 per cent in December 2023. “In manufactured products, inflation was 1.13 per cent, as against …

How inflation has hit your shopping basket
10 months, 1 week ago

How inflation has hit your shopping basket

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A slowing of inflation among many everyday food and drink items, including cheese and …

Wholesale inflation eases to 3-month low of 0.27 per cent in January
10 months, 1 week ago

Wholesale inflation eases to 3-month low of 0.27 per cent in January

Hindustan Times  

The wholesale price index -based inflation eased to a three-month low of 0.27 per cent in January, mainly due to moderation of food prices, including vegetables. "The annual rate of inflation based on the All India Wholesale Price Index number is 0.27 per cent for the month of January, 2024," the commerce and industry ministry said in a statement on …

Wholesale price inflation declines to 0.27 per cent in January
10 months, 1 week ago

Wholesale price inflation declines to 0.27 per cent in January

India TV News  

The Wholesale Price Index -based inflation experienced a moderation in January, easing to 0.27 per cent, primarily driven by a decline in food prices. According to the commerce and industry ministry's statement on Wednesday, the annual inflation rate based on the All India Wholesale Price Index for January 2024, compared to January 2023, is recorded at 0.27 per cent. Food …

Which everyday items have seen a rise in inflation – and where has it eased?
11 months, 1 week ago

Which everyday items have seen a rise in inflation – and where has it eased?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Average prices for cigarettes increased by 15.7% in the …

Wholesale Inflation Increases to 0.73% in December, Food Prices Rise Sharply
11 months, 1 week ago

Wholesale Inflation Increases to 0.73% in December, Food Prices Rise Sharply

News 18  

The Wholesale Price Index -based inflation rose in December 2023 to 0.73 per cent, mainly due to a sharp rise in food prices. Food inflation rose to 9.38 per cent in December from 8.18 per cent in November 2023. Meanwhile, India’s retail inflation, based on the Consumer Price Index, in December 2023 increased to a 4-month high of 5.69 per …

Wholesale inflation increases to 0.73 per cent in December on rising food prices
11 months, 1 week ago

Wholesale inflation increases to 0.73 per cent in December on rising food prices

India TV News  

The Wholesale Price Index -based inflation rose by 0.73 per cent in December, primarily driven by an increase in food prices. The Commerce and Industry Ministry, in a statement on January 15, explained that the positive inflation rate in December 2023 is mainly due to higher prices of food articles, machinery and equipment, other manufacturing, other transport equipment, and computer, …

Wholesale inflation in US declined last month, signaling that price pressures are still easing
11 months, 1 week ago

Wholesale inflation in US declined last month, signaling that price pressures are still easing

Associated Press  

WASHINGTON — Wholesale inflation in the United States fell for a third straight month in December, further evidence that price pressures in the economy are easing. The Labor Department reported Friday that its producer price index — which tracks inflation before it reaches consumers — declined 0.1% from November to December after falling 0.1% in November and 0.4% in October. …

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