SME Times News Bureau | 16 Apr, 2018
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
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.
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.
index for Food Articles group declined by 0.4 percent to 137.2
(provisional) from 137.8 (provisional) for the previous month.
a year-on-year (YoY) basis, onion prices soared higher by 42.22 per
cent whereas potato prices rose by 43.25 per cent.
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
index for Non-Food Articles group declined by 0.3 percent to
120.2 (provisional) from 120.6 (provisional) for the previous month.
index for manufactured goods rose by 0.4 percent to 115.7
(provisional) from 115.2 (provisional) for the previous month.