What's NewIndia's industrial production recorded a high growth of 134.4% YoY in April'21 due to low base effect.

(June 14, 2021)

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India's retail inflation rose to a 6-month high of 6.3% YoY in May 2021 reaching above RBI's upper band of flexible inflation target rate.

Consumer Price Index in India is published monthly by the Central Statistical Organization (CSO). Consumer Price Indices (CPI) measure changes over time in the general level of prices of goods and services that households acquire for consumption. Read more..

Latest June 14, 2021

Wholesale Price Index (WPI)

Wholesale level inflation scaled up to reach a high of 12.9% YoY in May'21 from 10.5% YoY in April'21.

Wholesale Price Index (WPI) represents the price of representative commodity basket of 697 items at the wholesale level, i.e. goods traded in bulk and between organizations, not the end consumers. It is a measure of inflation at the wholesale level. The significant components of WPI include Manufactured Products, Primary Articles, Fuel, and Power in the decreasing order of weight-age to the stated elements. The purpose of the WPI is to monitor price movements that reflect suppl...

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Latest June 14, 2021

India Industrial Production

India's industrial production recorded a high growth of 134.4% YoY in April'21 due to low base effect.

Consumer confidence dipped to an all time low in May'21 round as the pandemic continues to affect lives and businesses.

According to RBI's July round of Consumer Confidence Survey (CCS), consumer confidence deteriorated further in July with the current situation index (CSI) recording its all-time low at 53.8. On the bright side, the respondents turned optimistic about the future one year ahead. The future expectation index (FEI) charted back into the positive territory to 105.4 compared to 97.9 in the last survey indicating signs of recovery in the coming year....

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India's recovery in growth strengthened in the last quarter of FY2020-21 as it grew by 1.6% YoY in Jan-Mar'21.

Real GDP or Gross Domestic Product of India at constant (2011-12) prices is computed using expenditure approach to output. Under this approach, the output or GDP is the sum of private final consumption expenditure (PFCE), government output or Government Final Consumption Expenditure (GFCE), capital formation as indicated by Gross Fixed Capital Formation (GFCF) and Net Exports (Exports minus Imports).<...

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