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India's wholesale inflation in May slowed to 0.39% year-on-year from 0.85% in April, government data showed on Monday.
India’s retail inflation stayed below the Reserve Bank’s 4% target for the fourth straight month in May on easing food prices ...
That inflation print will likely offer more scope for the Reserve Bank of India to continue cutting the interest rates.
India's wholesale price index (WPI) inflation hit a 14-month low of 0.39% in May, driven by cheaper food and fuel, although ...
India's retail inflation stayed below the central bank's 4% target for the fourth straight month in May on easing food prices ...
The Wholesale Price Index (WPI) for All Commodities stood at 154.1 in May, compared to 154.2 in April, showing a ...
India's annual retail inflation slowed to 2.82% in May from 3.16% in May on the back of a slower rise in food prices, ...
But the central bank isn’t popping the champagne either. After front-loading 100 bps rate cuts and slashing the cash reserve ...
The data indicates a continued cooling of inflation following the broader trend in the Consumer Price Index (CPI), which dropped to a near six-year low of 2.82% in during the month ...
The rebound in wheat stocks is particularly significant. A string of poor harvests in recent years, coupled with weak ...
The report also reflects that, although this marks a moderation from the 8.4 per cent average seen in the previous 2 years, the economy remains on a strong footing.
The figure marked a further decline from April’s 0.85 per cent and 2.05 per cent recorded in March, underscoring a softening price trend in key sectors of the economy.