August WPI inflation dips to historic (-)4.95%, pressure on RBI to cut rate

Last Updated: Monday, September 14, 2015, 13:04

The Wholesale Price Index-based inflation was (-)4.05 percent in July. It has been in the negative zone since November 2014. In August 2014, inflation was 3.85 percent.

'Inflation data boosts case for rate cut before RBI next meet'

Last Updated: Friday, August 14, 2015, 16:01

With wholesale inflation plunging to a historic low, India Inc today said the downtrend in both WPI and retail inflation numbers coupled with sluggish industrial output data make a strong case for the Reserve Bank to cut interest rate ahead of its September 29 review.

Wholesale inflation falls to historic low of (-)4.05%

Last Updated: Friday, August 14, 2015, 12:39

The WPI number follows retail inflation (CPI) data, which had slipped to a record low of 3.78 percent in July.

Ahead of policy meet on August 4, Rajan meets Jaitley

Last Updated: Friday, July 31, 2015, 18:53

Ahead of the third bi-monthly monetary policy review on August 4, Reserve Bank Governor Raghuram Rajan on Friday met Finance Minister Arun Jaitley and discussed a wide range of issues.

BofA-ML sees wholesale price 'deflation' continuing till Oct

Last Updated: Friday, July 17, 2015, 20:27

American brokerage Bank of America-Merrill Lynch (BofA-ML) on Friday said the "deflation" on the wholesale price index is likely to continue till October.

Wholesale inflation at (-)2.4%, in negative zone for 8th month

Last Updated: Tuesday, July 14, 2015, 13:29

Deflationary trends continued for the eighth month in a row in June with the wholesale price- inflation slipping to (-)2.4 percent, largely due to cheaper vegetable and fuel prices.

Wholesale inflation negative for 8th straight month, drops 2.4% in June

Last Updated: Tuesday, July 14, 2015, 12:35

The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at -2.40 percent for the month of June as compared to -2.36 percent for the previous month.

Inflation priority makes RBI prepare to mop up liquidity

Last Updated: Tuesday, July 7, 2015, 13:45

The Reserve Bank of India aims to drain money markets of excess liquidity to counter inflationary pressures arising from higher government spending.

May inflation at (-)2.36%; in negative zone for 7th month

Last Updated: Monday, June 15, 2015, 14:14

As per the government data released today, vegetable inflation was (-)5.5 percent, with potato recording a dip of about 52 percent.

WPI inflation at (-)2.36% in May

Last Updated: Monday, June 15, 2015, 12:23

Deflationary pressure continued for the seventh month in a row with the annual rate of inflation, based on monthly WPI, stood at (-)2.36 percent for the month of May as compared to (-)2.65 percent for the previous month.

WPI inflation to dip further to (-)3% in May: Report

Last Updated: Sunday, May 17, 2015, 13:08

WPI inflation is expected to decline further to about (-)3 percent in May despite concerns over weak monsoon and strengthening crude prices, says an SBI research report.