India's wholesale price inflation dropped to 6%

It's the lowest since November 2009.

According to BBVA, India’s wholesale price inflation (WPI) fell sharply to 6.0% y/y (consensus: 6.4%) from 6.8% in February, it’s lowest since November 2009 amid a broad-based let up in price pressures.

BBVA also said that core inflation eased for the seventh successive month to 3.4% y/y from 3.8% previously, signaling continued weak pricing power.

"The latest inflation outturn coupled with recent disappointing activity indicators, supports the case for another 25 bps cut in the repo rate by the Reserve Bank of India at its next policy meeting on May 3 following similar cuts in its last two policy meetings," BBVA said.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia