Wholesale Price Index (WPI) for all commodities increases by .8% for April
Tuesday - May 14, 2019 12:34 pm ,
Category : BUSINESS
May 14, 2019 (WTN): The official Wholesale Price Index (WPI) for 'All Commodities' for the month of April rose by 0.8 percent to 120.9 from 120 for the previous month March 2019. The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from 3.89% in March, 2019 to 4.95% in April, 2019.
The annual rate of inflation, based on monthly WPI, stood at 3.07% for the month of Apr, 2019 (over Apr, 2018) as compared to 3.18% for the previous month and 3.62% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.75% compared to a build up rate of 0.86% in the corresponding period of the previous year.
The index for this major group rose by 3.3 percent to 139.2 (provisional) from 134.7 for the previous month.
Final Index for the month of February 2019
For the month of February, 2019, the final Wholesale Price Index for 'All Commodities'(Base: 2011-12=100) and annual rate of inflation remained unchanged at its provisional level of 119.5 and 2.93 percent respectively as reported on 14.03.2019.
Source-PIB
