Tag: Wholesale Price Index

India’s inflation breaches RBI’s threshold, leaves room for rate hike

Data released by India’s government agencies showed inflation being at elevated levels due to rising food inflation and unfavourable base.India’s benchmark inflation rate, measured by the Consumer Price Index (CPI) rose to a seven-month high of 6.01 per cent on ...

India’s WPI inflation edges up to 11.39% in August; trade deficit increases

India’s inflation measured by Wholesale Price Index rose to 11.39% in August on a year-on-year basis, due to higher prices of manufactured goods, according to data released by the Ministry of Commerce and Industry. It stood at 11.16% in July ...