Mon, Mar 25, 2019
As per the IIP data in January released by the Central Statistics Office (CSO), the growth in industrial production declined to 1.7 per cent as against 7.5 per cent a year ago, owing to subdued performance of the manufacturing sector, especially capital and consumer goods.
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Mon, Oct 15, 2018
In comparison to previous year, same month, the latest number has been higher from 3.814% recorded in September 2017.
Fri, Sep 14, 2018
The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of August, 2018 rose by 0.3% to 120.0 (provisional) from 119.7 (provisional) for the previous month.
Wed, Jun 14, 2017
This month, all commodities under WPI declined by 0.4% to 112.8 from 113.2 for the previous month.
Wholesale price index or wholesale inflation numbers will be revealed for the month of May on June 14, Wednesday. Analysts expect wholesale inflation to drop.
Sat, May 13, 2017
Numbers of new series of IIP and WPI introduced. Watch the full segment for more details.
Tue, Apr 18, 2017
Siddharth Purohit Senior Equity Research Analysts – Banking of Angel Broking said, “We believe a strong rupee should result in lower crude oil prices for Indian basket and that should keep both CPI and WPI under check in the near term.”
Mon, Apr 17, 2017
Following the February numbers, analysts at Motilal Oswal and Care Ratings expected WPI to be around 6.3% for last month of FY17.
Since the start of financial year 2016-17, WPI has been rising consistently, so much so that in February it reached to a 4-year high due to rise in fuel inflation (21.0%) and lower base in the previous year’s index.
Thu, Mar 16, 2017
According to a report formulated by Crisil chief economist Dharmadikari Joshi and his team, "The main reason for the faster growth in manufacturing GDP is that growth in the value of inputs used for production has been slower than the value of the final output."
Wed, Mar 15, 2017
On global front, Asian equities opened slightly lower, as investors stayed cautious awaiting the outcome of several central bank meetings later on Wednesday, as reported by Reuters.
Tue, Mar 14, 2017
Bloomberg analysts had estimated WPI Inflation to be at 6.1% as against 5.25%.
In January, the WPI inflation rose to a 30-month high of 5.2%.
Fri, Mar 10, 2017
Prices of gold dropped below the key level of $1,200 an ounce on Friday to hit their lowest in over five weeks on back of a stronger US dollar ahead of US jobs data later in the day.
Tue, Mar 07, 2017
Nearly 15 years ago a pack of Lay's would get you 50 grams potato chips in it. With rising prices and other factors, PepsiCo kept the price of the pack constant at Rs 10 but the quantity of potato chips in it fell. Today, a Rs 10 pack of Lay's has 35 grams of potato chips in it.
Wed, Feb 15, 2017
"The (WPI) acceleration was entirely supply-push led by higher commodity prices rather than demand-pull; but it also suggests rising pressure on profit margins," Nomura India chief economist Sonal Varma said in the note.
Tue, Feb 14, 2017
The official Wholesale Price Index for ‘All Commodities’ in January rose by 1% to 184.6 (provisional) from 182.8 (provisional) for the previous month.
Mon, Jan 16, 2017
Wholesale Price index (WPI) or Wholesale inflation rose to 3.39% (provisional) for the month of December, 2016 (over December, 2015) as compared to 3.15% (provisional) for the previous month and -1.06% during the corresponding month of the previous year, said Ministry of Commerce and Industry.
This time, the wholesale inflation numbers will be crucial as it will give a clear picture of impact of demonetisation.
Thu, Dec 22, 2016
Currently, the Railways recovers only 57% of the passenger cost.
Thu, Dec 15, 2016
In the fast moving consumer goods (FMCG) sector, wholesalers have a direct distribution of nearly 42% and have seen a considerable decline in sales after demonetisation of higher currency.
Thu, Oct 13, 2016
A Bloomberg poll predicts that retail inflation may have fallen to 4.60% in September 2016.
Tue, Aug 30, 2016
Indian economy is estimated to grow at 7.8% in the current financial year of 2016-17 (FY17) on the back of good monsoon, better performance of agriculture and industry sector, said a latest survey by Ficci.
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