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India's May wholesale inflation at 0.39% y/y, lowest in over a year
India's May wholesale inflation at 0.39% y/y, lowest in over a year

Reuters

timean hour ago

  • Business
  • Reuters

India's May wholesale inflation at 0.39% y/y, lowest in over a year

NEW DELHI, June 16 (Reuters) - India's wholesale inflation (INWPI=ECI), opens new tab in May slowed to 0.39% year-on-year from 0.85% in April, government data showed on Monday. Economists polled by Reuters had estimated wholesale price inflation at 0.8%. Wholesale inflation in May was lowest since 0.26% recorded in March 2024. Annual retail inflation (INCPIY=ECI), opens new tab slowed to 2.82% in May, the lowest in more than six years, from 3.16% in April. * Wholesale food prices rose 1.72% year-on-year in May against a 2.55% rise in April * Vegetable prices fell 21.62% against an 18.26% drop in April * Prices of manufactured products rose 2.04% in May against a 2.62% growth in April * Fuel and power prices fell 2.27% in May against a 2.18% drop in April

India's May retail inflation slows to 2.82% y/y
India's May retail inflation slows to 2.82% y/y

Reuters

time4 days ago

  • Business
  • Reuters

India's May retail inflation slows to 2.82% y/y

NEW DELHI, June 12 (Reuters) - India's annual retail inflation (INCPIY=ECI), opens new tab slowed to 2.82% in May from 3.16% in May on the back of a slower rise in food prices, government data showed on Thursday. The inflation print was below economists' estimate of 3% in a Reuters poll. Inflation in food prices - which accounts for nearly half of the consumption basket - eased to 0.99% in May from 1.78% in the previous month. Vegetable prices fell 13.7% year-on-year, compared to a 11% fall in April. Prices of cereals rose 4.77% against a 5.35% increase in April, while those of pulses declined 8.22% compared to a 5.23% fall last month.

India's April retail inflation eases to 3.16%, lowest in nearly six years
India's April retail inflation eases to 3.16%, lowest in nearly six years

Reuters

time13-05-2025

  • Business
  • Reuters

India's April retail inflation eases to 3.16%, lowest in nearly six years

NEW DELHI, May 13 (Reuters) - India's annual retail inflation (INCPIY=ECI), opens new tab slowed to 3.16% in April from 3.34% in March, marking its lowest in nearly six years as food prices rose at a slower pace, government data showed on Tuesday. Inflation was below economists' estimate of 3.27% in a Reuters poll. It is the lowest year-on-year inflation since July 2019, the government said in a statement. Food inflation eased to 1.78% in April from 2.69% in the previous month. Vegetable prices fell 11% year-on-year, compared to a 7.04% fall in March. Prices of cereals rose 5.35% against a 5.93% increase in March, while those of pulses fell 5.23% compared to a 2.73% fall in the same period.

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