The official Wholesale Price Index for 'All Commodities' (Base: 2011-12=100) for the month of March, 2020 declined by 0.90% to 121.1 (provisional) from 122.2 (provisional) for the previous month. The annual rate of inflation, based on monthly WPI, stood at 1.00% (provisional) for the month of March,2020 (over March,2019) as compared to 2.26% (provisional) for the previous month and 3.10% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.00% compared to a build-up rate of 3.10% in the corresponding period of the previous year.
Primary Articles group index declined by 2.5% to 139.5 (provisional) from 143.1 (provisional) for the previous month. Fuel & Power group index declined by 3.1% to 100.7 (provisional) from 103.9 (provisional) for the previous month. Manufactured Products group index remained unchanged at its previous month level of 118.7.
WPI Food Index based on WPI Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group decreased from 7.31% in February, 2020 to 5.49% in March, 2020. For the month of January, 2020 the final Wholesale Price Index for 'All Commodities' (Base: 2011-12=100) stood at 123.4as compared to 122.9 (provisional) and annual rate of inflation based on final index stood at 3.52% as compared to 3.10% (provisional) respectively as reported on 14.02.2020.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
