WPI in­fla­tion eases to 2.47% in March on cheaper food

Millennium Post - - FRONT PAGE - OUR COR­RE­SPON­DENT

NEW DELHI: In­fla­tion based on whole­sale prices slipped to 2.47 per cent in March on fall­ing prices of food items, es­pe­cially veg­eta­bles and pulses. On the ba­sis of Whole­sale Price In­dex (WPI), in­fla­tion was 2.48 per cent in Fe­bru­ary and 5.11 per cent in March last year. Ac­cord­ing to a gov­ern­ment data re­leased on Mon­day, food ar­ti­cles wit­nessed de­fla­tion af­ter about eight months as veg­eta­bles, ce­re­als, pulses, eggs, meat and fish, turned cheaper.

Whole­sale prices of food fell 0.29 per cent in March against a 0.88 per cent rise in Fe­bru­ary. De­fla­tion in pulses was 20.58 per cent, in veg­eta­bles (2.70 per cent).

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.