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Thursday, May 15, 2014

India’s WPI Inflation Eases To 5.2 %

The wholesale price index (WPI) based inflation of India has fallen to 5.2 % in the month of April 2014. This is the lowest in two months. This has been become achievable with the help of slower increase in food and fuel prices as per the government data showed today.

The inflation which is based on Whole Price Index (WPI) was at 5.7 % during the month of March. According to the data released by the ministry of commerce and industry, the WPI Inflation in April during the preceding year was 4.77 per cent.
The Food inflation has also been eased to 8.64 % in April which is sharply lower from 9.9 % recorded previously in the April. The Fuel and power inflation has also decreased to 8.93 percent from 11.22 per cent during the previous month.

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