WPI inflation slips down to 3.07% in April

New Delhi, May 14 (KNN) India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), slipped down to 3.07 percent in April compared to 3.18 per cent in March led by fall in prices of manufacturing products.

According to data published by Ministry of Commerce & Industry, wholesale inflation in food rose to 4.95 percent as against 3.89 percent in March. Vegetable inflation soared to 40.65 percent against 28.13 percent in March.

The whole sale inflation in manufactured products fell from 2.16 percent to 1.72 percent in April.

Besides this, no significant change has been seen in the wholesale inflation in manufacture of textiles. In March 2019, wholesale inflation in manufacture of textile stood at 3.94 percent and in April 2019, it stood at 3.92 percent.

The core inflation data for the month of April was at 1.90 percent as compared to 2.50 percent in the previous month.