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December WPI Inflation at 0.11% VS Zero Per cent in Nov

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India's WPI inflation came in at 0.11 per cent, which was marginally higher than zero per cent witnessed for the month of Nov 2014.

 

Inflation for primary articles, which has a heavy weight in the index fell 1.3 percent. The index for ‘Food Articles' group declined by 1.9 percent thanks ti lower fruit and vegetable prices.

December WPI Inflation at 0.11% VS Zero Per cent in Nov
Fuel and power on the other hand saw a fall by 2.4 percent. For the month of October, 2014, the final Wholesale Price Index for ‘All Commodities' (Base: 2004-05=100) stood at 183.7 as compared to 183.9 (provisional) and annual rate of inflation based on final index stood at 1.66 percent as compared to 1.77 percent respectively as reported on 14.10.2014

Build up inflation rate in the financial year so far was -0.28 per cent compared to a build up rate of 5.58 per cent in the corresponding period of the previous year.

GoodReturns.in

Story first published: Wednesday, January 14, 2015, 12:32 [IST]
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