None

StaffCorner

 ☰
14 Oct, 2014 01:11 PM

WPI inflation drops to 2.38% - a five year low.

WPI inflation drops to 2.38% - a five year low. The Wholesale Price Index (WPI) inflation for September 2014 dipped to a 5-year low of 2.38% versus 3.74% in August. This is much below expectations. Inflation data for the month of July was revised to 5.41% versus 5.19% earlier.

The Food Price Index for September dipped substantially to 3.52% versus 5.15% in August. The fuel & power inflation also came down to 1.33% versus 4.54% in August. The primary articles inflation came in at 2.18% versus 3.89% in August.

Consumer inflation fell to 6.46 per cent in September compared to the year-ago period, from 7.8 per cent in August, due to the sharp decline in vegetables inflation and the base effect of high inflation last year, data released by the statistics ministry on Monday showed.



Whatsapp Share Button

⌂ Go to StaffCorner.com Home Page



Latest in Important News
Latest in Other News Sections


StaffCorner brings you the latest authentic Central Government Employees News.
About us | Privacy Policy | Terms and Conditions | Archives