FOREX TradingCharts.com

Financial News: India Wholesale Price Inflation Rises To 2.38%

India Wholesale Price Inflation Rises To 2.38%

03/17/2025 - 03:58:00 (RTTNews)

(RTTNews) - India's wholesale price inflation increased somewhat in February after easing in the previous month, provisional data from the Ministry of Commerce and Industry revealed on Monday.

The wholesale price index, or WPI, rose 2.38 percent year-over-year in February, following a 2.31 percent increase in January. Economists had expected inflation to rise to 2.36 percent.

The annual price growth in manufactured products accelerated to 2.86 percent from 2.51 percent. The decline in fuel and power costs eased to 0.71 percent from 2.78 percent. These were mostly contributed to the rise in overall inflation.

Meanwhile, prices for primary articles grew at a slower pace of 2.81 percent in February versus a 4.69 percent gain in the prior month. Similarly, the yearly price growth in the food items softened to 5.94 percent from 7.47 percent.

On a monthly basis, wholesale prices edged up 0.06 percent from January, when they decreased by 0.64 percent.

Data released last week showed that India's consumer price inflation slowed to a seven-month low in February as food price growth hit the lowest in nearly two years, raising expectations of interest rate cuts over the coming months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Leading Index Declines In March (25 min(s), 02 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story»

European Economic News Preview: Italy Industrial Output Data Due (01 hr(s), 09 min(s), 02 sec(s) ago)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story»

China Exports Rise More Than Forecast (02 hr(s), 53 min(s), 02 sec(s) ago)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story»

Japan Household Spending Rises 2.1% On Year In March (27 min(s), 58 sec(s) ago)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story»

South Korea Has $9.14 Billion Current Account Surplus (02 min(s), 58 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story»

China Trade Data Due On Friday (50 min(s), 58 sec(s) ago)
(RTTNews) - China will on Friday release April figures for imports, exports and trade balance, hig ...Full Story»

Thirty-Year Bond Auction Attracts Below Average Demand (43 min(s), 58 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (33 min(s), 58 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Leading Index Declines In March

05/09/2025 - 02:44 AM (RTTNews)
(RTTNews) - Japan's leading index decreased less than expected in March to the lowest level in ...Full Story>>

European Economic News Preview: Italy Industrial Output Data Due

05/09/2025 - 02:00 AM (RTTNews)
(RTTNews) - Industrial production from Italy is due on Friday, headlining a light day for the Euro ...Full Story>>

China Exports Rise More Than Forecast

05/09/2025 - 00:16 AM (RTTNews)
(RTTNews) - China's exports grew more than expected in April despite the fall in exports to th ...Full Story>>

Japan Household Spending Rises 2.1% On Year In March

05/08/2025 - 19:37 PM (RTTNews)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story>>

South Korea Has $9.14 Billion Current Account Surplus

05/08/2025 - 19:12 PM (RTTNews)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.