WPI, retail inflation touch new lows bolstering rate cut hopes

Last Updated: Monday, September 14, 2015, 21:19

Consumer price inflation eased to 3.66 percent in August from 3.69 percent, while wholesale prices tumbled for a tenth straight month to minus 4.95 percent compared with a provisional (-) 4.05 percent in July.

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.

Contraction deepens: August WPI inflation falls to -4.95%

Last Updated: Monday, September 14, 2015, 12:16

The WPI inflation for the month of August stood at -4.95 percent for the month of August, 2015 (over August, 2014) as compared to -4.05 percent for the previous month and 3.85 percent during the corresponding month of the previous year, according to the data released by the government.

WPI inflation dips to historic (-)4.05%; industry demands rate cut

Last Updated: Friday, August 14, 2015, 21:15

Describing the softening of prices as a "positive sign", Finance Minister Arun Jaitley said inflation is under control and all macroeconomic indicators are extremely encouraging.

Falling inflation positive sign, all macro data promising: FM Jaitley

Last Updated: Friday, August 14, 2015, 18:16

Terming the declining inflation as a "positive sign", Finance Minister Arun Jaitley on Friday said the price situation is under control and all the macroeconomic indicators are extremely encouraging.

Sensex sprints 518 points, biggest single-day gain in 7 months

Last Updated: Friday, August 14, 2015, 17:39

The broad-based NSE Nifty too re-crossed the 8,500-level to hit a high of 8,530.10 before settling at 8,518.55, up 162.70 points, or 1.95 percent, its biggest single-day percentage gain since January 15.

'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.

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.