Wholesale price-based inflation remained below the psychological two-digit scores inching up marginally to 9.9 per cent in March from 9.89 per cent in the previous month.
Inflation fell to 33-week low of 5.42 per cent for the week ended January 15 mainly due to lower prices of essential items like vegetables, fruits, tea, edible oil and naphtha.
Despite the government's efforts to control prices, inflation continues to rise, as prices of pulses, spices, eggs, fish and meat among other things continued to rise.
The wholesale price index based inflation rose to 12.44 per cent for the week ended August 2. Wheat has a weight of 1.38 per cent in the index. The department of economic affairs and the department of food and public distribution are in favour of selling 4 million tonnes wheat.
The wholesale price-based inflation stood at 5.34 per cent in the correpsponding week a year ago. This is a third week in a row that inflation has remained below the four per cent mark.
Inflation galloped to 42-month high of 7.57 per cent for the week ended April 19 as compared to 7.33 per cent a week ago mainly on account of higher prices of food articles like rice, milk, tea, vegetables and some manufactured products.The wholesale price based inflation stood at 6.07 per cent in the corresponding week a year ago. The previous high of 7.76 per cent was recorded for the week ended November 2, 2004.
Prices started rising again beyond Rs 30 per kg in the last one week and are now ruling at Rs 32 per kg at Lasalgaon
A sharp 12 per cent fall in the prices of vegetables pulled down inflation only marginally to 7.3 per cent for the week ended November 27
Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said. The overall market sentiment remains positive, supported by improving economic data and earnings but higher valuations can trigger bouts of profit booking, they said further. During the last week, which the 30-share BSE benchmark rose by 175.12 points or 0.30 per cent.
The Reserve Bank of India has painted a gloomy picture for the economy. A survey conducted by the central bank said India's gross domestic product (GDP) would grow 7.9 per cent this year against the earlier projection of 8.1 per cent.
Wholesale prices-based inflation rose by 0.05 per cent to stand at 3.59 per cent during the week ended April 29 as against 3.54 per cent a week ago owing to food items going dearer.
The wholesale prices-based index stood at 4.72 per cent during the corresponding week previous year.
The RBI's big decision is not how much to ease but whether to monetise the fiscal deficit.
Inflation fell by 0.18 per cent to 7.2 per cent for the week ended October 2, even as vegetable prices shot up by about 14 per cent.
There is no end in sight to the Centre's inflation woes. The wholesale price index-based inflation is expected to rise to 11.42 per cent for the week ended June 14, data for which will be released on Friday.
The overall market breadth remained firm as 1,618 stocks are advancing while 1,270 are declining.
The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 per cent.
In the second week of December, the food inflation was at 18.65 per cent. Potato prices more than doubled while pulses became costly by over 41 per cent over the last year.
The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 per cent.
India's year-on-year inflation rate as measured by the consumer price index rose to 3.43 per cent in January from 3.2 in December, a government statement said on Wednesday.
Inflation has zoomed to a three-year high of 7.41 per cent for the week ended March 29, against 7 per cent in the previous week.The wholesale price-based inflation, which stood at 7 per cent in the previous week, surged this time mainly on account of rising prices of fruits and vegetables, pulses, cereals, condiment and spices and some manufactured items.
RBI's unique focus on WPI inflation is misguided even as demand-driven factors have become relatively less important.
In its 'Asia Economic Alert', the banking and asset management behemoth also said that the Reserve Bank is likely to hike the short-term lending (repo) rate by 100 basis points in 2011 with the purpose of curbing inflationary pressure.
In tune with the Reserve Bank of India's expectation of moderate inflation this year, the general price level stood unchanged at the previous week's figure of 4.2 per cent for the week ended May 8.
Inflation rose to over nine-month high at 5.11 per cent for the week ended March 1, due to rise in prices of some manufactured items and aviation turbine fuel, dashing all hopes of interest rate cuts by the RBI to boost the sagging industrial production.The Wholesale Price Index-based Inflation rate stood at 5.02 per cent in the previous week and 6.51 per cent in the correspondingly week a year earlier.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
Economic think-tank, Institute of Economic Growth said on Wednesday it expected widely tracked wholesale prices-based inflation to hover above 6 per cent for the present quarter.
Weights of the fuel group are set to rise in the revised Wholesale Price Index.
The Reserve Bank of India on Thursday raised its inflation projection to 5.1-4.7 per cent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and tomatoes.
Inflation based on the wholesale price index zoomed to 6.12 per cent for the week ended January 6
Inflation based on the wholesale price index rose marginally to 4.2 per cent for the week ended November 12, from 4.14 per cent in the previous week mainly due to the rise in prices of minerals and non-food essential items.
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
A sharp fall in the prices of fruits and vegetables notwithstanding, inflation rose for the fifth consecutive week to a 28-week high of 5.57 per cent for the week ended December 13.
Costlier petrol, diesel and food products pushed up inflation to 4.14 per cent during the week ended June 25 but it was much lower than 6.95 per cent a year ago.
Agri co-operative Nafed on Monday reduced onion prices by Rs 5 per kg, selling it for Rs 35 per kg in the national capital through its five retail stores.
Wholesale price inflation declined to 7.48 per cent in November from 8.58 per cent in October, mainly boosted by lowering of pressure on certain food items.
Inflation rose for the ninth consecutive week to touch 39-week high of 6.21 per cent for the week ended January 10 with primary articles, including food products, and manufactured products becoming costlier.
The decline could also be attributed to the high inflation figure of 18.56 per cent for the corresponding year-ago period, a phenomenon dubbed the 'high base effect' in economic parlance.
After falling for ten consecutive weeks, inflation stood unchanged at the previous week's level of 5.01 per cent for the week ended February 12 even though vegetables and fruits became costlier.
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