New Delhi, May 14 (IANS) India’s inflation rate based on the wholesale price index (WPI) rose to 8.3 per cent during April, compared to the same month of the previous year, primarily due to an increase in prices of fuels and crude oil amid the Middle East conflict, according to a statement issued by the Ministry of Commerce and Industry on Thursday.The WPI inflation for April was higher than the corresponding figure of 3.88 per cent recorded for March this yearWPI food inflation remained constan…
Latest Food Inflation News & Updates
Gandhinagar, May 13 (IANS) India’s largest dairy cooperative, Gujarat Cooperative Milk Marketing Federation (GCMMF), announced a nationwide increase of Rs two per litre in the prices of Amul fresh milk, with the revised rates set to come into effect from May 14. The federation markets milk and dairy products under the Amul brand.In a statement issued on Wednesday, GCMMF said the increase applies to major variants and packs across India and represents a 2.5 to 3.5 per cent rise in maximum retai…
New Delhi, May 13 (IANS) The consumer price index inflation rose mildly to 3.48 per cent in April from 3.40 per cent in March, and CPI‑based inflation is expected to average 5.1 per cent in fiscal 2027, a report said on Wednesday.”While the conflict in West Asia has crossed 74 days, the upside risks to retail inflation seem to be materialising at a snail’s pace, indicating that the consumer remains largely protected so far,” the report from Crisil Ratings said.The Reserve Bank of India’s M…
New Delhi, April 12 (IANS) Pakistan is once again grappling with rising inflation as escalating tensions in the Middle East, particularly the Israel-US conflict with Iran, begin to ripple through its economy, a report has said. The surge in global energy prices has pushed the country’s inflation back into double-digit territory, with the Sensitive Price Indicator (SPI) climbing 12.15 per cent year-on-year (YoY), marking a 74-week high, The Express Tribune report said.According to analysts at T…
New Delhi, April 6 (IANS) Pakistan’s decision to raise petrol prices to Rs 458.40 per litre, with a petroleum levy of Rs 161 per litre, risks “a structural shock on an already fragile economy,” a new report has said.The report from Business Recorder said that the hike necessary under the constraints of the IMF programme will pass through supply chains, inflating input costs, compressing margins, and ultimately dampening output.The hike also aims to mobilise revenue after the administration mis…
New Delhi, Feb 13 (IANS) The Consumer Price Index (CPI) is expected to remain below the 4 per cent target level even in newly-introduced CPI series, and will better capture India’s evolving consumption curve and align data for policy decisions with international practices, a report said on Friday.The report from the Bank of Baroda said, “The trajectory of core inflation needs to be closely watched as prices of precious metals pose upside risk. But with fine balancing of weights in the new CPI …
New Delhi, Feb 12 (IANS) India’s inflation rate based on the Consumer Price Index (CPI), with the new base year 2024, for the month of January this year is estimated at 2.75 per cent compared to the same month of the previous year, according to official data released by the Ministry of Statistics on Thursday.The food inflation came in at 2.13 per cent during the month. Prices of vegetables such as potatoes, onions and garlic declined during January along with the prices of pulses such as arhar…
New Delhi, Jan 24 (IANS) The recent policy actions are beginning to show positive effects across the economy, with improvements in credit and deposit growth, industrial activity, and several consumption-related indicators, a new report has said.The report from BNP Paribas India said improvements in indicators such as credit and deposit growth, IIP, auto sales, port traffic, GST e-way bills, fuel consumption, and consumer sentiment, though export growth and GST collections have moderated.“Most …
New Delhi, Jan 21 (IANS) The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for December 2025 have been estimated at 0.04 per cent and 0.11 per cent, respectively, figures released by the Ministry of Labour & Employment on Wednesday showed.The food inflation for agricultural and rural labourers stayed in the negative — (-) 1.8 per cent and (-) 1.73 per cent. respectively — as prices of food items fel…
New Delhi, Jan 12 (IANS) India’s inflation rate, based on the Consumer Price Index (CPI), was estimated at 1.33 per cent for December 2025, which is marginally higher than the corresponding figure of 0.71 per cent for November.Food inflation remained in the negative zone during December at (-) 2.71 per cent, as prices of food goods fell compared to the same month of the previous year. Food inflation has now stayed negative for the seventh month in a row, easing the burden on household budgets….