In January, the wholesale price index (WPI) ? India's preferred measure of inflation ? added 0.51% over the previous month. The figure contrasted the 0.32% drop observed in December but came in broadly in line with market expectations. Although the monthly price rise was broad-based, it mainly reflected a large increase in prices for primary articles. Despite the monthly increase, annual headline WPI inflation dropped from 7.5% in December to 6.6% in January, its lowest level since December 2009. Annual average wholesale price inflation also moderated, easing from 9.4% in December to 9.2% in January.
Inflation continues to fall sharply
February 14, 2012
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India Economic News
October 17, 2016
Recently-released data related to India’s external sector showed that the trade deficit totaled USD 8.3 billion in September, which was a smaller shortfall than the USD 10.2 billion gap recorded in September 2015 (August 2016: USD 7.7 billion deficit).
October 15, 2016
In September, consumer prices fell 0.23% from the previous month, which followed August’s flat growth.
October 12, 2016
The fall in industrial production moderated in August, after recording the largest contraction since November 2015 in July.
October 5, 2016
Activity in India’s manufacturing sector lost steam in September.
October 4, 2016
The newly facelifted Reserve Bank of India (RBI) decided to ease monetary policy at a scheduled meeting on 4 October, cutting the repurchase rate from 6.50% to 6.25%—an over five-year low.