Wholesale Inflation Turns Positive After 17 Months, 0.34% in April
New Delhi: Wholesale price-based inflation turned positive after 17 months, posting an annual gain of 0.34% in April, on rise in vegetables and pulses prices.
The April Wholesale Price Index-based inflation was at (-)0.85% in March. "The annual rate of inflation, based on monthly WPI, stood at 0.34% (provisional) for the month of April, 2016 as compared to (-)0.85% for the previous month," said the government data released on Monday.
It was (-)2.43% during the corresponding month of 2015, showed the data.
Food inflation stood at 4.23% in April compared with 3.73% in March.
Inflation in vegetables came in at 2.21% compared with (-)2.26% in April while the same in pulses was high at 36.36% as against 34.45%.
However, other daily consumables such as onion and fruits saw further easing of prices, with these sub-indices falling (-)18.18% and (-)2.38%, respectively.
Last week, a government data showed a rise in retail inflation for the month of April at 5.39% versus 4.83% in March.
|Power Grid Corp||208.75||2.28|
Recommended For You
- Andre Russell Prepares for India with Late Evening Nets Session
- Going From Winning World Cup to Quickly Disbanding Was Tough: Plunkett
- Ibrahim is Charming, Better Looking Than Me, Says Saif Ali Khan
- 3-Year-Old ‘Very Good’ Pomeranian Dog Abandoned in Kerala Over ‘Illicit Relationship’
- 'A Technical Feat': Missing For 50 years, French Submarine Found on Mediterranean Seabed