BrahMos WORLD INDIA MADHYA PRADESH BHOPAL SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA WTN SPECIAL OPINION & INTERVIEW GOSSIP CORNER RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News


Dip in food, fuel prices eases January s WPI inflation (Lead)

Thursday - February 15, 2018 1:06 pm , Category : BUSINESS
 Dip in food, fuel prices eases January s WPI inflation (Lead)
Dip in food, fuel prices eases January s WPI inflation (Lead)

New Delhi Feb 15 (IANS) A dip in food and fuel prices decelerated the rise in India s annual rate of inflation based on wholesale prices to 2.84 per cent in January official data showed on Thursday.



According to the wholesale price index (WPI) data furnished by the Ministry of Commerce and Industry the rate of inflation had risen by 3.58 per cent in December 2017 and 4.26 per cent during the corresponding month of last year.

On a sequential basis the expenses on primary articles which constitute 22.62 per cent of the WPI s total weightage edged higher by 2.37 per cent from an increase of 3.86 per cent in December 2017.

Similarly the prices of food articles dipped. The category has a weightage of 15.26 per cent in the WPI index. It rose by three per cent from an acceleration of 4.72 per cent.

In addition the cost on fuel and power category which commands a 13.15 per cent weightage in the index increased at a slower pace of 4.08 per cent from a growth of 9.16 per cent.

However expenses on manufactured products registered a rise of 2.78 per cent from 2.61 per cent.

--IANS
rv/in/bg

RELATED NEWS