Budget 2024: RBI's CPI-based inflation targeting under lens
If we target inflation based on CPI and seasonal factors and decide policy rates of interests accordingly, we are bound to make mistakes.
wpi
July 2024
December 2023
October 2023
July 2023
May 2023
January 2023
November 2022
October 2022
September 2022
March 2022
India’s wholesale inflation in positive zone after 8 months
The wholesale inflation in food index increases to 4.69% in November 2023 from 1.07% in October 2023
Wholesale prices drop 0.26% in September
Wholesale inflation in the fuel and power basket rose from -6.03% in August to -3.35% in September.
WPI inflation falls further in June
This is the 13th consecutive month when the wholesale price index (WPI) has declined.
WPI inflation turns negative for first time since July 2020
The drop in the rate of inflation in April is primarily due to a fall in prices of basic metals, food, and manufactured products.
WPI inflation falls to 4.95% in December
Wholesale price inflation declined from a peak of 15.88% in May 2022 to 4.95% in December 2022.
WPI inflation back in single digits after 18 months
Wholesale inflation fell for the fifth straight month in October.
Wholesale inflation falls to 10.7% in September
The decline in WPI inflation in September was aided by a sharp drop in prices of food items and manufactured products.
Wholesale inflation eases to 12.41% in August
Wholesale inflation remains in the double digits for the 17th month in a row since April 2021.
WPI inflation jumps to 13.11% in February
Inflation for manufactured products, which constitutes 64.23% to the WPI basket, soared to 9.84% year-on-year in February compared with 9.42% in January.
