India’s wholesale inflation turns negative at (-) 0.92 pc for April
Notably, the wholesale price index (WPI)-based inflation had been in double digits for 18 months in a row till September.
Notably, the wholesale price index (WPI)-based inflation had been in double digits for 18 months in a row till September.
1. In July retail inflation was at 6.93 per cent, as against 6.23 per cent in June. 2. Inflation in food articles during July stood at 4.08 per cent, as against 2.04 per cent in June.
In fuel and power basket, deflation stood at 13.60 per cent in June, against 19.83 per cent in the previous month.
In April, the government had released limited information due to data collection issues, but its final index will be released next month.
Overall, wholesale vegetable prices in November rose 45.32 per cent against a rise of 38.91 per cent.
WPI data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen.
Similarly, the prices of food articles dipped. The category has a weightage of 15.26 per cent in the WPI index.
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