SME Times is powered by   
Search News
Just in:   • Sensex ends 140 pts higher, VIX at 4 yr high  • Huawei's laptop removed from Microsoft store  • Brace for massive volatility on judgement day: Analysts  • 'Fairly robust' economic agenda awaits new Govt: N K Singh  • Naidu calls for equitable, people-centred sustainable development 
Last updated: 16 Apr, 2018  

Inflation.9.Thmb.jpg March wholesale inflation eases to 2.47 percent

Inflation.Down.9.jpg
   Top Stories
» 'Fairly robust' economic agenda awaits new Govt: N K Singh
» Naidu calls for equitable, people-centred sustainable development
» 'India $80 bn in ten years due to natural disasters'
» Falling household savings challenge to new government: Experts
» Reduce interest rate, corporate tax, free up agriculture: Economist
SME Times News Bureau | 16 Apr, 2018

Wholesale price-indexed (WPI) inflation softened to 2.47 per cent in March from 2.48 per cent reported for the previous month, official data showed on Monday.

The annual rate of inflation, based on monthly WPI, stood at 2.47% (provisional) for the month of March, 2018 (over March, 2017) as compared to 2.48% (provisional) for the previous month and 5.11% during the corresponding month of the previous year, an official release said Monday.

Build up inflation rate in the financial year so far was 2.47% compared to a build up rate of 5.11% in the corresponding period of the previous year, it added.

The index for Food Articles group declined by 0.4 percent to 137.2 (provisional) from 137.8 (provisional) for the previous month.

On a year-on-year (YoY) basis, onion prices soared higher by 42.22 per cent whereas potato prices rose by 43.25 per cent.

In contrast, the overall vegetable prices in March deflated (-)2.70 per cent, against a fall of (-)0.50 per cent in the same month a year ago.

The index for Non-Food Articles group declined by 0.3 percent to 120.2 (provisional) from 120.6 (provisional) for the previous month.

The index for manufactured goods rose by 0.4 percent to 115.7 (provisional) from 115.2 (provisional) for the previous month.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 23 May, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» The Silk Road - A journey through history(1)
» Kokuyo Camlin to focus on notebook segment(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter