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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.
WPI inflation declined due to a favourable base, with the food, non-food manufacturing, minerals, and fuel and power segments ...
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 ...
But the central bank isn’t popping the champagne either. After front-loading 100 bps rate cuts and slashing the cash reserve ...
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.
Inflation based on the Wholesale Price Index (WPI) eased to a 14-month low of 0.39 per cent in May, down from 0.85 per cent ...
This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...
International crude oil prices jump as Israel-Iran conflict sparks fears of inflation and supply issues in India and global ...