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The annual Wholesale Price Index-based inflation rose 12.10 per cent during the week ended August 30, below the previous week’s annual rise of 12.34 per cent, Government data showed on Thursday. The annual inflation rate was 3.72 per cent during the corresponding week of the previous year. During the latest reported week, the official WPI for All Commodities rose ended at 240.8 points, up from 240.3 points for the previous week. On a disaggregated basis, the Primary Articles group rose by 0.3 per cent to 249.2 points as the index for the Food Articles group rose by 0.2 per cent due to higher prices of bajra (3 per cent), urad and arhar (2 per cent each) and jowar and fruits and vegetables (1 per cent each). However, the prices of maize and condiments and spices (1 per cent each) declined.

In USA the Consumer Price Index, which measures prices of a batch of common household products, rose 0.6 percent last month, with much of the increase coming from high fuel costs. Food prices rose again in May as Americans paid 5 percent more for foods and beverages than a year ago. The high cost of oil pushed up prices for several other products. Many businesses, squeezed by higher shipping and production costs, sought to pass those costs onto their customers in May. Minus the cost of food and gasoline, inflation was 0.2 percent for the month. The growing consensus is that Federal Reserve could raise interest rates by the end of the year. Signals from the head of the central banker are also in same line, that focus is shifting from supporting grwoth to fighting inflation

Inflation declined to 4.07 per cent for the week ended February 2 as against 4.11 per cent in the previous week, mainly due to fall in prices of some food items, jet fuel, and select manufactured goods. The wholesale price-based inflation stood at 6.58 per cent for the corresponding week last year. During the week under review, prices of fruits and vegetables, arhar, masoor, condiments and spices declined, while fish-marine and maize became dearer, according to official figures released on Friday. In fuel, power, light and lubricants category, furn ace oil, aviation turbine fuel and naphtha got cheaper, while light diesel oil moved up 5 per cent

Inflation rose to its six-month high of 4.11 per cent for the week ended January 26 as against 3.93 per cent in the previous week, mainly due to rise in prices of food articles and manufactured items. The wholesale price-based inflation stood at 6.69 per cent in the corresponding week a year ago. According to official figures released on Friday, prices of maize, moong, wheat, condiments and spices, and bajra moved up during the week. Barley became cheaper. In the manufactured food category, salt, black tea leaf, bread and buns, and mustard oil got dearer. Given the political scenario and comming elections, there would be less chance of rate cut and hike in petro price.

Inflation rose to 3.93 per cent for the week ended January 19, against 3.83 per cent in the previous week mainly due to increase in manufactured items, some food articles and petroleum products.

Industrial growth plunges to 5.30% in Nov (The Hindu Business Line 11th Jan 2008)Growth in India's industrial production plunged to 5.3 per cent in November this fiscal from 15.8 per cent last year following a huge decline in the manufacturing sector. The manufacturing growth dipped to 5.4 per cent in November from 17.2 per cent in 2006. Electricity segment also showed a dismal performance growing by only 5.8 per cent, against 8.7 per cent. Mining was down from 8.8 per cent to 3.5 per cent. For the April-November More Inflation remains unaltered at 3.50% (The Hindu Business Line 11th Jan 2008)The wholesale price index based inflation for the week ended December 29, 2007, remained unchanged at its previous week's level of 3.50 per cent. The annual rate of inflation stood at 5.89 per cent a year ago. According to the official data released today, the price of food articles' group declined by 0.3 per cent due to lower prices of fruits and vegetables, which fell by 2 per cent...

Inflation rises to 3.50% (The Hindu Business Line 4th Jan 2008)Inflation rose to 3.50 per cent for the week ended December 22, compared to 3.45 per cent in the previous week, mainly due to increase in prices of some manufactured and fuel items. The wholesale price-based inflation stood at 5.78 per cent in the corresponding week a year ago. More

Inflation slips to 3.45% (Business Standard 28th Dec 2007) Driven by lower fruit, vegetable, chicken and imported edible oil prices, inflation based on the wholesale price index (WPI) declined to 3.45% for the week ended 15 December, 2007 when compared with 3.65% in the previous week. More Rupee eases as risk aversion rises (The Ecoomic Times 28th Dec 2007) Rupee eased on Friday on worries about foreign investors withdrawing funds as Asian stocks fell on fears of regional political turmoil following the assassination of Pakistani opposition leader Benazir Bhutto. More Core sector growth slips to 4.5% in October (The Hindu Bsiness Line 28th Dec 2007)The decline in production of crude petroleum, petroleum refinery products, cement, and carbon steel has pulled down the growth of the six infrastructure industries to 4.5 per cent in October 2007, compared with a growth of 9.9 per cent in the same month last year. According to data released by the Government on Thursday, the production...