Thursday, Apr 25 2024 | Time 12:57 Hrs(IST)
image
Business EconomyPosted at: May 17 2022 12:19PM


Wholesale inflation spikes to 15.08 pc y-o-y in April

New Delhi, May 17 (UNI) India’s wholesale price index (WPI)-based inflation surged to 15.08% year-on-year (y-o-y) in April, 2022 as against 10.74% in April 2021, data released by Ministry of Commerce and Industry showed on Tuesday.

The annual rate of WPI inflation in March was 14.55%.

"The high rate of inflation in April, 2022 was primarily due to rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products and chemicals & chemical products etc. as compared to the corresponding month of the previous year," said the press release on the latest WPI figure.

The WPI inflation has remained in the double digits for over a year now.

As per the official data, month over month change in WPI index for the month of April, 2022 stood at 2.08% as compared to March, 2022.

UNI NK
Please log in to get detailed story.
Tags: #Wholesale inflation spikes to 15.08 pc y-o-y in April
More News
Rupee falls 6 paise against USD

Rupee falls 6 paise against USD

25 Apr 2024 | 12:15 PM

Mumbai, April 25 (UNI) The Rupee on Thursday declined 6 paise at 83.38 against USD in opening session on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

see more..
Sensex up 78 points

Sensex up 78 points

25 Apr 2024 | 12:05 PM

Mumbai, April 25 (UNI) The BSE Sensex remained positive for the fifth day in a row on Thursday, advancing 78 points at 73,931.88 in opening session following gains in Financial services, Health Care and Industrials stocks.

see more..

USD, Pound, Euro up ; Yen down

25 Apr 2024 | 9:50 AM

Mumbai, Apr 25 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Royaloak Furniture launches 14th store in AP; 169th store in country

24 Apr 2024 | 10:05 PM

Bhimavaram (AP), Apr 24 (UNI) Royaloak Furniture, India’s renowned furniture brand, on Wednesday announced the inauguration of a new store here on Wednesday.

see more..

NSE launches derivatives on Nifty Next 50 Index

24 Apr 2024 | 9:16 PM

Mumbai, Apr 24 (UNI) National Stock Exchange of India Ltd (NSE), the world’s largest derivatives exchange for consecutive fifth year in a row in the year 2023 based on contracts traded as published by FIA, launched futures and options contracts on the Nifty Next 50 Index on Wednesday.

see more..
image