Due to the across the country lockdown enforced since March 25, truncated WPI inflation information for April, with figures of food, primary articles and fuel and power was launched.|Image Credit:
Reuters.
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13%, as against 2.55%in April.
Wholesale rates in the country experienced a deflation of 3.21%in May due to sharp decrease in costs of fuel and power, even as food posts turned pricey.
” The yearly rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21%( provisional) for May 2020 as compared to 2.79%throughout the corresponding month of the previous year,” the commerce and industry Ministry stated in a state
Wholesale rates in the country experienced a deflation of 3.21%in May due to sharp decrease in costs of fuel and power, even as food posts turned pricey.
” The yearly rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21%( provisional) for May 2020 as compared to 2.79%throughout the corresponding month of the previous year,” the commerce and industry Ministry stated in a state