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Last updated: 15 Apr, 2019  

inflation-upTHMB Wholesale inflation rises to 3.2% in March

inflation-up
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SME Times News Bureau | 15 Apr, 2019

Wholesale inflation rate for March rose to 3.18 per cent, from a rise of 2.93 per cent in February, official data showed on Monday.

"The annual rate of inflation, based on monthly WPI, stood at 3.18 per cent (provisional) for the month of March, 2019 (over March, 2018), as compared to 2.93 per cent (provisional) for the previous month and 2.74 per cent during the corresponding month of the previous year," the Commerce Ministry said.

Even on a year-on-year basis, the Wholesale Price Index (WPI) data for March furnished by the Commerce Ministry showed that wholesale prices rose at a faster rate than the rise of 2.74 per cent reported for the corresponding month of 2018.

"Build up inflation rate in the financial year so far was 3.18 per cent compared to a build-up rate of 2.74 per cent in the corresponding period of the previous year," it added.

 
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