Wholesale price inflation cools to 1% in March from 2.26% in Feburary on sharp fall in food prices

The inflation based on wholesale price index (WPI) eased to 1 percent in March from 2.26 percent in February on a sharp fall in food prices in the country

Press Trust of India April 15, 2020 13:13:02 IST
Wholesale price inflation cools to 1% in March from 2.26% in Feburary on sharp fall in food prices

New Delhi: The inflation based on wholesale price index (WPI) eased to 1 percent in March from 2.26 percent in February on a sharp fall in food prices in the country.

Food inflation in March fell to 4.91 percent from 7.79 percent in the previous month, data released by the Commerce and Industry Ministry on Wednesday showed.

The nationwide lockdown which started on March 25 would have had some impact on the data collection for the month.

Inflation in vegetables fell sharply to 11.90 percent in March from a high of 29.97 percent in the previous month.

Click here to follow LIVE news and updates on stock markets

However, inflation in onion continued to rule high at 112.31 percent during March.

Fuel and power basket witnessed deflation of 1.76 percent, while manufactured products witnessed inflation of 0.34 percent.

The government said, due to the outbreak of coronavirus and national lockdown, the provisional figures of WPI for the latest month are computed with a low response rate.

“The figures are likely to be revised in a significant manner during the release of the final month,” it added.

Updated Date:

also read

India logs 12,847 new COVID-19 cases, 14 deaths in last 24 hours; Maharashtra, Kerala, Delhi report maximum infections
India

India logs 12,847 new COVID-19 cases, 14 deaths in last 24 hours; Maharashtra, Kerala, Delhi report maximum infections

The number of new COVID-19 cases is 5.19 per cent higher than 12,213 fresh infections logged on Thursday. It is for the second consecutive day that India has been reporting more than 12,000 new cases in a single day

India records 12,213 COVID cases in 24 hours, crosses 10K mark for first time since late February
India

India records 12,213 COVID cases in 24 hours, crosses 10K mark for first time since late February

The Ministry of Health and Family Welfare (MoHFW) informed that 11 people died of coronavirus in the last 24 hours, increasing total casualties to 5,24,803

India logs 17,336 new COVID-19 cases in last 24 hours, up 30% from yesterday; positivity rate jumps to 4.32%
India

India logs 17,336 new COVID-19 cases in last 24 hours, up 30% from yesterday; positivity rate jumps to 4.32%

Delhi and Maharashtra reported the maximum number of COVID-19 cases in the last 24 hours. As many as 13 people died of COVID-19, increasing the cumulative casualty due to the virus in the country to 5,24,954