India, Inflation Trends Lower

(WPI) which measure variation in producer prices while what is more relevant to the consumer is the consumer price index (CPI). In India, WPI is much lower than CPI partly because of the difference in weightage to items and also partly because of higher ...

By launching bonds that are keyed to the WPI inflation, the government is actually saving itself from inflation by robbing the poor.

ICICIdirect.com's report on currency- The rupee traded lower on Tuesday tracking weakness in the euro. A sharp decline in WPI inflation and gains in domestic stocks provided some support to the currency, pushing it to an intraday high of 54.55.

India released its official wholesale price index (WPI)-based inflation data for April 2013 today. According to the data, inflation stumbled to 4.89 per cent (lower than the market expectation), the first sub-five percent reading since November ...

Major equity benchmarks consolidated in trade today and closed flat shrugging off 41-month low April WPI inflation number of 4.89 percent, way below RBI's comfort zone. Key gainers in the Nifty were Ranbaxy Labs, Bank of Baroda, Sun Pharma, Power ...

Even as the wholesale price index (WPI)-based inflation fell to a 41-month low of 4.89 per cent, there are chances that inflation may again rear its head once economic expansion gathers momentum.

April WPI inflation stood at 4.89% as against 5.96% in March. April WPI inflation at 4.89% as against 5.96% in March. February WPI inflation revised to 7.28% v/s provisional 6.84% April WPI food articles up

Bargain hunting may be seen in counters which could prop up the indices later in the day unless inflation data disappoints. Finance Minister Chidambaram will address bankers on financing of pending infrastructure project later in the day. At 9:15 ...

The latest set of inflation numbers indicate inflation is falling in both the Wholesale Price Index (WPI) and Consumer Price Index (CPI). WPI in April has supposedly fallen below five per cent to around 4.9 per cent, while the CPI has dipped below ...