https://www.taxtmi.com/news?id=43669 Wholesale price inflation slowed to a 13 month low due to deflation in food and fuel and disinflation in manufactured products. Vegetables, potatoes and pulses drove food deflation, while declines in mineral oils and motor fuels reduced fuel and power WPI. Manufactured goods inflation moderated despite price rises in some subgroups. Favourable base effects and softer commodity prices underpin expectations of continued low WPI, which, together with retail inflation easing, creates scope for further monetary easing and informs near term nominal GDP and inflation projections. en-us Wed, 14 May 2025 14:16:03 +0530 Wed, 14 May 2025 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43669 Wholesale price inflation slowed to a 13 month low due to deflation in food and fuel and disinflation in manufactured products. Vegetables, potatoes and pulses drove food deflation, while declines in mineral oils and motor fuels reduced fuel and power WPI. Manufactured goods inflation moderated despite price rises in some subgroups. Favourable base effects and softer commodity prices underpin expectations of continued low WPI, which, together with retail inflation easing, creates scope for further monetary easing and informs near term nominal GDP and inflation projections. News - Wed, 14 May 2025 14:16:03 +0530 https://www.taxtmi.com/news?id=43669