Wednesday 16 December 2015

India’s annual wholesale inflation rises to (-)1.99 percent

As per the official wholesale price index numbers released by the Ministry of Commerce and Industry, the food articles rose sharply by 2.3 percent in just a month in November, as prices of fish, meat, eggs, lentils, condiments and spices, and fruits and vegetables all registered a rise.
The overall annual wholesale inflation rate, though still in the negative, has risen to (-)1.99 percent from (-)3.81 in October, and (-)4.59 percent and (-)5.06 percent in the preceding two months.
Food inflation moved up above the zero percent level to 3.12 percent from (-)1.2 percent during the month under review. The annual index numbers for petrol, diesel and cooking fuels also rose, while still in the negative.

Source : IndianMediaBook - Bussiness