India's Wholesale Inflation Declines

Posted By: Super
Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    New Delhi, Feb 16 (IANS) India's wholesale price inflation decelerated by 0.39 percent in January from a high of 5.11 percent in the corresponding period of last fiscal, government data showed Monday.

    India's wholesale price index (WPI) based inflation had fallen to 0.11 percent in December 2014. Click to know the difference between WPI and CPI inflation

    India's Wholesale Inflation Declines

    The rate of inflation based on WPI was nil for November from a rise of 1.77 percent in the corresponding period of last fiscal.

    Data furnished by the commerce and industry ministry attributed the slowdown in WPI based inflation to decline in fuel and power prices.

    Fuel and power inflation declined by 10.69 percent in January as compared to an increase of 9.82 percent in the corresponding period of last year.

    Food inflation in the month under review stood at eight percent from 8.85 percent recorded in the corresponding month of 2014.

    Read more about: inflation wpi cpi
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more