Latest news with #WPIFoodIndex
Business Standard
16-06-2025
- Business
- Business Standard
Wholesale inflation tanks to 14-month low, vegetable prices see sharp contraction
The annual rate of inflation based on All India Wholesale Price Index (WPI) number is 0.39% (provisional) for the month of May, 2025 (over May, 2024). Positive rate of inflation in May, 2025 is primarily due to increase in prices of manufacture of food products, electricity, other manufacturing, chemicals and chemical products, manufacture of other transport equipment and non-food articles etc. However, the latest reading marks a sustained fall in annual inflation trends as the WPI stood at 0.85% in April, 2025. WPI inflation fell to a 14-month low. Data showed that month over month change in WPI for the month of May, 2025 stood at - 0.06% as compared to April, 2025, after a contraction of 0.39% in previous month. Primary Articles index decreased by 0.05 % to 184.3 (provisional) in May, 2025 from 184.4 (provisional) for the month of April, 2025. Price of minerals (-7.16%) and non-food articles (-0.63%) decreased in May, 2025 as compared to April, 2025. The price of food articles (0.56%) increased in May, 2025 as compared to April, 2025. Fuel & Power index declined by 0.95% to 146.7 (provisional) in May, 2025 from 148.1 (provisional) for the month of April, 2025. Price of mineral oils (-2.06%) decreased in May, 2025 as compared to April, 2025. The price of coal (0.81%) and electricity (0.80%) increased in May, 2025 as compared to April, 2025. Manufactured Products index remained unchanged at 144.9 (Provisional) in May, 2025. WPI Food Index or Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group have increased from 189.3 in April, 2025 to 189.5 in May, 2025. However, the rate of annual inflation based on WPI Food Index decreased from 2.55% in April, 2025 to 1.72% in May, 2025. Data showed that vegetable prices contracted 21.62% while Onion inflation in the month of May eased by 14.41% and potato inflation stood at -29.42%. Inflation rate for pulses fell 10.41%. Fruits inflation rose 10.17% though.
India Gazette
16-06-2025
- Business
- India Gazette
Wholesale inflation eases to 0.39% in May Vs 0.85% (MoM), food inflation lowered
New Delhi [India], June 16 (ANI): The wholesale inflation in the country continued to ease in May 2025, with the Wholesale Price Index (WPI)-based inflation falling to 0.39 per cent, down from 0.85 per cent recorded in April, according to the data released by the Ministry of Commerce & Industry on Monday. The annual rate of inflation, based on the All India WPI for May 2025 compared to May 2024, stood at 0.39 per cent (provisional). The ministry stated that the positive inflation rate during the month was mainly due to rising prices in sectors such as the manufacture of food products, electricity, other manufacturing items, chemicals and chemical products, other transport equipment, and non-food articles. The WPI Food Index, which includes 'Food Articles' from the Primary Articles group and 'Food Products' from the Manufactured Products group, increased slightly from 189.3 in April to 189.5 in May. However, the rate of food inflation slowed to 1.72 per cent in May, compared to 2.55 per cent in the previous month. Looking at major categories, the index for Primary Articles declined by 0.05 per cent to 184.3 in May, compared to 184.4 in April. Within this segment, prices of minerals dropped sharply by 7.16 per cent, and non-food articles fell by 0.63 per cent. However, food articles saw a modest price increase of 0.56 per cent month-on-month. In the Fuel & Power category, which holds a weight of 13.15 per cent in the WPI basket, the index dropped by 0.95 per cent to 146.7 in May from 148.1 in April. The decline was driven by a 2.06 per cent fall in mineral oil prices. On the other hand, prices of coal and electricity rose by 0.81 per cent and 0.80 per cent, respectively. As per the government data, the Manufactured Products category, which accounts for 64.23 per cent of the WPI, remained stable at 144.9 in May. Among the 22 manufacturing sectors, 10 reported an increase in prices, 9 saw a decline, and 3 remained unchanged. Sectors such as other manufacturing, non-metallic mineral products, electronics, pharmaceuticals, and textiles witnessed a rise in prices. Meanwhile, sectors like food products, basic metals, rubber and plastic products, chemicals, and electrical equipment recorded a fall in prices. The WPI data suggests a cooling trend in wholesale inflation, with mixed signals across sectors and moderating food inflation in May. The ministry also informed that the next WPI data for the month of June, 2025, would be released on 14/07/2025. (ANI)
Time of India
14-05-2025
- Business
- Time of India
WPI inflation falls to 13-month low of 0.9%
File photo NEW DELHI: Wholesale price inflation dipped sharply to a 13-month low in April, led by a moderation in food, fuel, and manufactured products. This adds to the prospects of a fresh cut in interest rates when the Reserve Bank of India (RBI) reviews monetary policy at its next meeting in June. Data released by the commerce and industry ministry on Wednesday showed inflation, measured by the wholesale price index, slowed sharply to 0.9% in April, below the 2.1% recorded in March. The annual rate of inflation based on the WPI Food Index decreased from 4.7% in March to 2.6% in April. Inflation in vegetables fell 18.3% in April, while potato prices were down 24.3%. Fuel and power group inflation was down 2.2%. 'Encouraging prospects for agricultural production, the arrival of the fresh Rabi harvest, and comfortable reservoir levels are positives for food inflation ,' said Rajani Sinha of CareEdge. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Gazette
14-05-2025
- Business
- India Gazette
India's wholesale inflation fell sharply to 0.85% in April from 2.45 % in March
New Delhi [India], May 14 (ANI): Wholesale inflation (WPI) in India stood at 0.85 per cent for the month of April 2025, drastically slipping from the 2.45 per cent of the previous month, according to the data released by the Ministry of Commerce and Industry on Wednesday. In April, the price of crude petroleum and natural gas declined by 5.31 per cent and non-food articles saw a 1.78 per cent decrease in April, 2025, as compared to the previous month. However, the price of minerals (7.81 per cent) and food articles (0.36 per cent) increased in April 2025 as compared to March. The Positive rate of inflation in April is primarily due to an increase in prices of the manufacture of food products, other manufacturing, chemicals and chemical products, the manufacture of other transport equipment and the manufacture of machinery and equipment etc. On a monthly basis, the index for the primary articles decreased by 0.11 per cent to 184.4 in April, 2025, from 184.6 (provisional) for the month of March, 2025. Fuel & Power, which is the second major group in the WPI, decreased by 2.82 per cent to 148.1 in April 2025 from 152.4 for the month of March. The index for manufactured products, increased by 0.35 per cent to 144.9 in April, 2025, from 144.4 for the month of March. The Food Index, consisting of 'food articles' from the primary articles group and 'food products' from the manufactured products group, increased from 188.8 in March 2025 to 189.3 in April 2025. The annual rate of inflation based on the WPI Food Index decreased from 4.66 per cent in March, 2025, to 2.55 per cent in April, 2025. Wholesale inflation continues to remain in the positive territory for over a year now. Economists often say a little rise in wholesale inflation is good, as it typically incentivises goods manufacturers to produce more. In April last year, wholesale inflation went into negative territory. Similarly, in July 2020, in the initial days of COVID-19, the WPI was reported as negative. Notably, wholesale price index (WPI)-based inflation was in the double digits for 18 months in a row until September 2022. As per the inflation data released by the Ministry of Statistics and Programme Implementation on Tuesday, retail inflation in India in April fell to 3.16 per cent from 3.34 per cent in March. (ANI)
&w=3840&q=100)
Business Standard
14-05-2025
- Business
- Business Standard
India's wholesale inflation drops sharply to 0.85% in April on fuel prices
India's wholesale price index (WPI)-based inflation fell sharply to 0.85 per cent in April 2025 from 2.05 per cent in March, according to data released by the Ministry of Commerce and Industry on Wednesday. The decline in inflation was largely due to a decline in prices in the fuel & power and primary articles segments, although the manufacturing sector continued to show resilience. The WPI tracks the average change in prices of goods sold in large quantities and is an important indicator of inflation at the production level. It shows trends in supply and demand across sectors like agriculture, mining, and manufacturing. In April, prices in the primary articles group, which makes up 22.62 per cent of the WPI, fell by 0.11 per cent compared to March. Over the past year, this group saw a price drop of 1.44 per cent. Some key changes include a sharp fall in crude petroleum and natural gas prices by 5.31 per cent, and non-food article prices dropped by 1.78 per cent. In contrast, food article prices rose by 0.36 per cent, and mineral prices increased sharply by 7.81 per cent. WPI Food Index The WPI Food Index, which includes both primary food articles and manufactured food products, slightly increased in April to 189.3 from 188.8 in March. Even though prices rose compared to the previous month, the yearly food inflation rate went down to 2.55 per cent in April from 4.66 per cent in March. Fuel and power In April, the prices in the fuel and power sector dropped sharply by 2.82 per cent compared to March. The index, which measures these prices, fell from 152.4 in March to 148.1 in April. This drop was mainly because mineral oil prices went down by 3.95 per cent and electricity prices fell by 1.38 per cent. Coal prices, on the other hand, went up slightly by 0.22 per cent. Compared to the same time last year, prices in this sector were 2.18 per cent lower, showing an overall decrease over the year. Manufacturing sector The WPI for manufactured products, which make up the largest part of the index at 64.23 per cent, went up by 0.35 per cent in April compared to March. However, the annual inflation rate for this category slowed slightly to 2.62 per cent in April, down from 3.07 per cent in March. The rise in prices was mainly due to increases in basic metals, chemicals, food products, transport equipment, and machinery. On the other hand, prices fell in areas like textiles, pharmaceuticals, paper products, and clothing. April retail inflation touches 5-year low India's retail inflation fell to its lowest level since July 2019, with the Consumer Price Index (CPI) for April 2025 recorded at 3.16 per cent year-on-year, government data released on Tuesday showed. The decline was largely driven by lower food prices, supported by a strong harvest despite severe heatwaves. Key contributors to the fall in food inflation included vegetables, pulses, fruits, meat and fish, cereals, and personal care items. What is the 2025 inflation forecast in India? At its April bi-monthly policy meeting, the Reserve Bank of India (RBI) projected CPI-based inflation for the current financial year (FY26) at 4 per cent, assuming normal monsoon conditions. For the April–June quarter, inflation is expected to ease further to 3.6 per cent, a significant downward revision from the earlier estimate of 4.5 per cent. RBI's quarter-wise inflation forecasts for FY26 are: FY26 Q1: 3.6 per cent FY26 Q2: 3.9 per cent FY26 Q3: 3.8 per cent FY26 Q4: 4.4 per cent WPI data for May 2025 will be released on June 16, 2025.
