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“With positive economic data pointing towards economic recovery, the market is expected to remain bullish in the long term while the possibility of a short correction in the near term cannot be ruled out. On the backdrop of eased retail inflation, the wholesale price inflation data to be released next week is expected to cool down as well,” said Vinod Nair, Head of Research at Geojit Financial Services. ....
Hike in price of diesel petrol and LPG continues Wholesale inflation reaches 12.94 percent business | देश में पेट्रोल डिजल और एलपीजी के लगातार बढ़ते दामों के मद्देनदर थोक महंगाई दर अब तक के सर्वाधिक स्तर पर आ गया है. देश में थोक महंगाई दर मई महीने में 12.94 फीसदी पहुंच गयी है. ....
The June 4-9 poll of 40 economists showed consumer price inflation rose to 5.30% in May from a year ago, after dipping to a three-month low of 4.29% in April. ....
Wholesale inflation rises to 10.5% in April May 17, 2021 Inflation for crude petroleum and natural gas, and mineral oils surges during the month Wholesale inflation surged to double digit at 10.5 per cent in April. This is quiet contrary to retail inflation which dropped to 4.29 per cent in April, which is three months low. Experts feel that with latest number, possibility of any interest rate cut by Monetary Policy Committee (MPC) has waned further. Wholesale rate of inflation was 7.39 per cent in March and negative 1.57 per cent in April last year. “The annual rate of inflation in April 2021 is high primarily because of rise in prices of crude petroleum, mineral oils viz petrol, diesel etc, and manufactured products as compared to the corresponding month of the previous year,” a statement by the Commerce & Industry Ministry said on Monday. Wholesale inflation, based on Wholesale Price Index (WPI), is also known as factory or producers’ inflation. It ....
India s wholesale inflation accelerated to 10.49 per cent in April on account of a surge in the prices of fuel and manufactured products, data released by the commerce and industry ministry showed. Wholesale inflation rate, measured by WPI, has been rising continuously since December. It soared to an eight-year high in March to 7.39 per cent. The latest price data released by the government on Monday showed that food prices rose to 4.92 per cent in April, along with a massive price surge in manufacturing products at 9.01 per cent. Fuel and power inflation stood at nearly 21 per cent led by higher petrol and diesel prices. ....