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Constantly updated news & information on inflation trend in India.


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Last Updated: 2010-03-17T17:41:51+05:30
Planning Commission Deputy Chairman Montek Singh Ahluwalia has said that the Reserve Bank must be careful while tightening its monetary policy to address concerns over inflation because ensuring high growth is an equally important task.
 
"The balance between controlling inflation and ...

Last Updated: 2010-03-16T14:57:21+05:30
India’s overall inflation rate soared to a 16-month high level at 9.89% in February and is nearing to a double-digit mark. The recent rate has been due to the announcement of the excise duty on motor fuels and the rising food prices.
 
According to reports, the latest figure saw a ...

Last Updated: 2010-03-11T15:33:27+05:30
China’s inflation peaked with the industrial output which made government to strip back incentive measures.
 
Premier Wen Jiabao focus on holding a year’s inflation to 3 percent after the financial system was swamped with money from banks to jump back from the global recession. ...

Last Updated: 2010-03-05T18:13:12+05:30
Prime Minister Manmohan Singh on Friday said that the rising prices of essential commodities were a ‘byproduct’ of global inflation and that his government was sensitive towards the issue.
 
"I will be the last one to deny that the behaviour of food prices in the last one ...

Last Updated: 2010-02-18T17:28:08+05:30
According to RBI Governor D. Subbarao, inflation will start moderating from July. He was addressing in the RBI's central board meeting in Patna.
 
RBI board met here to discuss various economic issues of the country.
 
The RBI governor said that he was sticking to 8.5% ...

Last Updated: 2010-02-18T14:42:29+05:30
India's annual food inflation based on wholesale prices rose to 17.97% for the week ended Feb 6 despite the assurances from the government.
 
According to official data, the annual rise in the index for food articles was 17.94% in the last week.
 
It is seen that the prices of ...

Last Updated: 2010-02-16T11:41:21+05:30
As per the recent reports, India’s inflation rose to a 15-month high of 8.56% for the month of January showing indications that it has spread to several core sectors such as manufacturing. This has prompted the Reserve Bank of India to hike the rates as soon as possible.
 
Though, the ...

Last Updated: 2010-02-05T15:21:00+05:30
The Congress Working Committee (CWC), including Prime Minister Manmohan Singh and Congress president Sonia Gandhi have attended the CWC meeting over the rising prices of essential commodities.  
 
At the meeting the chief ministers of Congress-ruled states were there except Maharashtra ...

Last Updated: 2010-02-04T17:35:15+05:30
According to official data, India's annual food inflation based on wholesale prices rose to 17.56% for the week ended Jan 23 from 17.4% the week before.
 
As per the reports, prices of some essential items remained firm with vegetables dearer by 13.02% and fruits by 6.54% during the 52-week ...

Last Updated: 2010-01-21T15:01:25+05:30
As per official statistics, India's annual food inflation based on the wholesale price index dropped marginally from 17.28% to 16.81% for the week ended Jan 9.
 
Some essential items still remain costly, with potatoes became dearer by 49.31%, pulses by 47.9%, and onions by 15.26% over a ...

Last Updated: 2009-12-03T17:14:25+05:30
According to an official statement, India’s food inflation has soared up from15.58% to 17.47% in the wholesale price index for the week ended on Nov 21.
 
The inflation rate for the primary articles has climbed up from 11.04% to 12.53% during the same period in the previous ...

Last Updated: 2009-11-27T11:29:14+05:30
Finance Minister Pranab Mukherjee has urged the state governments also to take the responsibility for controlling the alarmingly increasing price of essential commodities.
 
Mukherjee, while interrupting the Lok Sabha discussion on price hikes, said that "from the field to market, there ...

Last Updated: 2009-11-26T13:54:04+05:30
Food inflation rose to 15.58 per cent for the second week of November from 14.55 per cent in the previous week as potatoes and pulses turned costlier.
 
On an annual basis, potato prices more than doubled, pulses became expensive by over 35 per cent, while onions rose by 27 per cent. ...

Last Updated: 2009-11-19T16:05:29+05:30
India's annual food inflation, based on wholesale prices, increased to 14.55 percent for the week ending November 7 from 13.68 percent the week before, official data showed.
The 52-week average rates of onions were higher by 35 percent and potatoes became dearer by 30.7 percent, as per the data on ...

Last Updated: 2009-11-12T13:38:32+05:30
India's annual food inflation, based on wholesale prices, has risen to 13.68% for the week ended Oct 31 from the 13.39% which was registered during the week before.
 
The 52-week average prices of onions were higher by as much as 33.4% and potatoes became dearer by 27.9%.
 
The ...

Last Updated: 2009-11-06T17:45:37+05:30
The Commerce Ministry plans to unveil a new price index taking the base year as 2004-2005. As for the Wholesale Price Index (WPI) for October, the base year will be according to the old base year of 1993-1994.
 
“We will have WPI with 2004-2005 as the base year soon. We have already ...

Last Updated: 2009-10-29T13:05:37+05:30
Annual inflation rate of India which is based on wholesale prices has risen to 1.51% for the week ended Oct 17. The WPI inflation rate had been registered at 1.21% last week.
 
The official Wholesale Price Index (WPI) for the week ended Oct 17 remained unchanged at its previous week's level ...

Last Updated: 2009-10-19T15:08:15+05:30
The proposal for releasing inflation data on a monthly basis has been approved by the government. Union Commerce Minister Anand Sharma, while addressing the media after the Cabinet Committee on Economic Affairs meeting, which approved the proposal, mentioned that this will be implemented ...

Last Updated: 2009-10-15T13:06:08+05:30
India's annual rate of inflation based on wholesale prices rose marginally to 0.92% for the week ended Oct 3 from 0.7% for the corresponding period last year
 
The official wholesale price index, as per the latest data, declined 0.5% during the week ended Oct 3 due to a fall of 1.4% in the ...

Last Updated: 2009-09-17T15:44:34+05:30
After 13 consecutive weeks of being in negative, the annual inflation rate of India has turned positive at 0.12% for the week ended September 5. This is a 0.24% increase from the -0.12% which was recorded for the previous week.
 
Te inflation rate started turning negative with week ended ...

Last Updated: 2009-09-10T15:43:42+05:30
The inflation for the week which ended on Aug 29 has risen marginally to touch minus 0.12% from minus 0.21% in the previous week. This rise in inflation comes after the cost of food as well as other household items witnessed a surge.
 
The wholesale price index (WPI)-based inflation has ...

Last Updated: 2009-08-01T08:45:40+05:30
The Eurozone consisting of 16 nations has fallen down into deflation during July which has been presented in the data that was released on Friday. The European Central Bank is now facing a fresh challenge as it attempts to spur growth in the currency bloc's economy.
 
According to Eurostat ...

Last Updated: 2009-07-16T14:31:07+05:30
The annual rate of inflation of India rose marginally to -1.21% for the week ended July 4, from -1.55% the week before. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.
 
The ...

Last Updated: 2009-07-09T13:07:12+05:30
Annual inflation rate of India has dropped to - 1.55% for the week ended June 27, from -1.30% the week before, according to official data released here on Thursday.
India's annual rate of inflation turned negative for the week ended June 6, for the first time since the new wholesale price index ...

Last Updated: 2009-07-02T12:32:33+05:30
India's annual rate of inflation fell to 1-.30% for the week ending June 20, according to the official data which was released in New Delhi on Thursday.


The rate of inflation for the week ended June 13 was at -1.14%. 


The index for primary articles rose 0.5%, while that for fuel and ...

Last Updated: 2009-06-25T13:00:25+05:30
A marginal rise by 0.6 percent has been witnessed in the annual inflation rate of India for the week ended June 13. This information was released on 25th June, 2009, by the concerned officials.
 
The rate of inflation for the week ended June 13 had stood at - 1.14 percent which is actually ...

Last Updated: 2009-06-18T15:46:18+05:30
For the first time since the new wholesale price index (WPI) series started in 1995, India's annual rate of inflation has turned negative, falling to minus 1.61 percent for the week ended June 6, leading to fears that this would lead to hoarding of food articles.
The inflation rate, which was 0.13 ...

Last Updated: 2009-06-15T12:43:40+05:30
Rich countries have taken a step towards an attempt to rescue their economies. Group of 8 finance ministers met at Lecce, Italy during weekend. They described their economies positively since the debacle of Lehman Brothers last year. The Lehman Brothers’ collapse brought in the world’s ...

Last Updated: 2009-03-27T13:33:46+05:30

Based on the wholesale price index the annual rate of inflation declined further, hitting a 30-year low at 0.27 percent (provisional) for the week ended 14 March. When compared with Inflation that was 0.44 percent during the week ended March 7, the decline seemed to be of 0.17 percentage point, ...

Last Updated: 2009-02-12T16:24:47+05:30
The annual inflation rate of India slipped further to 4.39 percent during the week ended January 31. There has been a decline of 0.68 percent from 5.07 percent for the week before. During the corresponding week of the previous year, India's inflation rate was 4.74 percent. This means that country ...



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