GET Stock QuotesNews18 APP
News18 English

Madhya Pradesh

Rajasthan

Poll in 1 seat deferred

Chhattisgarh

Telangana

Mizoram

»
1-min read

Wholesale Price Inflation Eases in March as Food Items Turn Cheaper

On the basis of Wholesale Price Index (WPI), inflation was 2.48 per cent in February and 5.11 per cent in March last year.

PTI

Updated:April 16, 2018, 1:13 PM IST
facebookTwittergoogleskypewhatsapp
Wholesale Price Inflation Eases in March as Food Items Turn Cheaper
A vegetable vendor waits for customers at a market in Kolkata on December 13, 2017. (REUTERS/Rupak De Chowdhuri)
Loading...
New Delhi: Inflation based on wholesale prices eased marginally to 2.47 per cent in March on cheaper food articles, especially pulses and vegetables.

On the basis of Wholesale Price Index (WPI), inflation was 2.48 per cent in February and 5.11 per cent in March last year.

According to a government data released today, food articles showed deflation at 0.29 per cent in March as against a 0.88 per cent inflation in the preceding month.

Deflation in vegetables was 2.70 per cent, pulses (20.58 per cent) and wheat (1.19 per cent) in March.

Inflation in 'fuel and power' basket however rose to 4.70 per cent in March from 3.81 per cent in the previous month.

The inflation data for January was revised upwards to 3.02 per cent from the provisional estimate of 2.84 per cent.

Retail inflation, as per data released last week, slipped to a five-month low of 4.28 per cent in March on account of decline in food prices.

In its first monetary policy review for the fiscal, the Reserve Bank earlier this month maintained status-quo on interest rate citing inflationary concerns.

It revised downwards forecast for retail inflation to 4.7-5.1 per cent for April-September and 4.4 per cent for October-March.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
| Edited by: Nitya Thirumalai
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 187.75 0.62
Indiabulls Hsg 795.60 8.35
Sun Pharma 425.30 -1.43
Reliance 1,108.40 -0.19
ICICI Bank 350.55 0.17
Company Price Change %Gain
Yes Bank 187.85 0.56
Jyothy Labs 192.70 -0.59
Indiabulls Hsg 794.85 8.33
Larsen 1,416.85 1.18
Sun Pharma 425.00 -1.46
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 795.35 8.31
Bajaj Finserv 6,137.00 2.47
IndusInd Bank 1,619.30 2.34
HPCL 224.55 2.39
Tata Motors 167.25 1.92
Company Price Change %Gain
IndusInd Bank 1,619.00 2.29
Tata Motors 167.25 2.04
SBI 290.30 1.77
Maruti Suzuki 7,586.10 1.32
Larsen 1,416.85 1.18
Top Losers
Company Price Change %Gain
UPL 775.55 -1.84
Sun Pharma 425.30 -1.43
TCS 1,989.75 -1.34
Coal India 244.50 -1.01
Adani Ports 371.15 -0.88
Company Price Change %Gain
Sun Pharma 425.00 -1.46
TCS 1,993.00 -1.27
Coal India 244.55 -1.01
Adani Ports 371.50 -0.77
Asian Paints 1,321.20 -0.56

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results