City
Epaper

India's April wholesale inflation at 15.08%, up from 14.55% in March

By IANS | Updated: May 17, 2022 14:20 IST

New Delhi, May 17 India's wholesale inflation gauged by the Wholesale Price Index rose to 15.08 per cent ...

Open in App

New Delhi, May 17 India's wholesale inflation gauged by the Wholesale Price Index rose to 15.08 per cent in April from 14.55 per cent in March, official data showed.

The WPI inflation was 10.74 per cent a year ago.

Reportedly, WPI has been in double digits for over a year now.

The rate of inflation based on WPI Food Index increased marginally from 8.71 per cent in March to 8.88 per cent in April.

The high rate of inflation in April was primarily due to rise in prices of mineral oils, basic metals, crude petroleum and natural gas, food articles, non-food articles, food products and chemicals and chemical products in comparison with last year, an official statement said on Tuesday.

Provisional figures of Wholesale Price Index (WPI) are released on 14th of every month (or next working day) with a time lag of two weeks of the reference month and compiled with data received from institutional sources and selected manufacturing units across the country.

Notably, India's retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance limit of the central bank RBI for a fourth month in a row, data released last week showed.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of indiaIndia indiaNew-delhi
Open in App

Related Stories

HealthUS Rice Contains Highest Arsenic Levels; Indian Basmati and Thai Jasmine Among Safest, Reveals New Study

Maharashtra"This is Betrayal": Former MP Calls Out Prada for Allegedly Copying Kolhapuri Chappal Design

InternationalWhen Will Russia Deliver More S-400 Missiles to India? Major Update Revealed - Here’s Why It Was Delayed

NationalIndia Extends Airspace Ban on Pakistan-Based Aircraft Till July 24

NationalOperation Sindhu: “We Saw Drones, Missiles,” Say Evacuated Students Recounting Life in Iran’s Warzone

International Realted Stories

InternationalOver 100 medical professionals gather in Nagoya to attend 23rd Annual Japan Yoga Therapy Society Conference

InternationalFeels like something divine, blessing from past life: Indian diaspora overjoyed after meeting PM Modi in Buenos Aires

InternationalAustralia: Man sets fire to Jewish place of worship, sparks protests

InternationalIndia to train 'pundits' from Trinidad and Tobago, see their participation in Geeta Mahotsav

InternationalTurkey: 10 suspects arrested over forest fires