wholesale-price-based inflation

WPI Inflation Declines to 21-Month low of 5.85 % in Nov

The wholesale price-based inflation declined to a 21-month low of 5.85 per cent in November on easing prices of food, fuel and manufactured items. After remaining in double digits for 19 months, the wholesale price index (WPI) based inflation declined...

Wholesale Price Index Inflation in October Eases to 8.39 %

Wholesale price-based inflation eased in October to 8.39 per cent year-on-year, compared to 10.70 per cent in September, helped by a fall in commodity prices. Declining for the fifth consecutive month, that Wholesale Price Index (WPI) reading is the lowest...

Fitch Cuts India’s Economic Growth Forecast for FY23 to 7% from Previous Estimate of 7.8%

Fitch Ratings slashed India’s GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of the global economy, elevated inflation and high-interest rate. In June, it had forecast 7.8 per cent...