Thursday, 19 July, 2018


India's Wholesale Price Inflation Slows Marginally In March

Wholesale food prices in March fell 0.07% year-on-year compared with a 0.07% rise a month earlier India's Wholesale Price Inflation Slows Marginally In March
Conrad Doyle | 16 April, 2018, 15:59

The Japanese government bonds remained flat Monday as investors wait to watch the country's trade balance data for the month of March and the national consumer price inflation (CPI) data for the similar period, scheduled to be released on April 17 and April 19 by 23:50GMT and 23:30GMT respectively.

Wholesale inflation witnessed a growth of 2.48 percent in February and 5.11 percent in March, 2017. Retail inflation also slipped to a five-month low of 4.28 per cent in March on account of decline in food prices.

Prices of the other major group under the WPI, manufactured products, which comprise almost 64.23 per cent of the index, recorded a 3.03 per cent rise. The January's rate of increase in price rise has been revised to 3.02 percent from 2.84 percent.

Inflation in non-food articles too declined by 0.3% to 120.2 from 120.6 for the previous month due to lower price of guar seed, niger seed, floriculture, raw cotton, cottonseed, mustard seed, among others. Deflation in pulses was 20.58 per cent, in vegetables (2.70 per cent), wheat (1.19 per cent) and egg, meat and fish (0.82 per cent) in March. However, the price of raw silk (7%), mesta and hides (raw) (5% each), sunflower (4%), soyabean (3%), fodder (2%) and raw wool, coir fibre and raw rubber (1% each) moved up. However, the price of iron ore (15%), chromite (13%), manganese ore (6%), limestone (5%) and zinc concentrate and lead concentrate (1% each) moved up.

The index for "food articles" group declined by 0.4 per cent to 137.2 from 137.8 for the previous month, despite a price rise in items like ragi, jowar, peas/chawali, moong and paddy, among others.

The primary articles hold weightage of 22.62% in WPI.

The index for fuel and power declined by 0.1 per cent to 98 (provisional) from 98.1 (provisional) in February. This index holds 64.23% of WPI. WPI Food Index holds 24.38% in the overall wholesale inflation.

Food and beverage prices were 0.9 per cent up, on an annual basis, while the price of utilities and housing has increased by 4.6 per cent and transportation costs were 0.7 per cent higher compared to a year earlier.

Recommended

loading...
...

All accused in Masjid blast case acquitted All accused in Masjid blast case acquitted Armed personnel from various wings of the State police will be deployed and roads leading to the court will be barricaded. Altogether, 10 persons owing alligience to right-wing organisations were named as accused in the case.

Nationwide Outage Shuts Down Woolworths Nationwide Outage Shuts Down Woolworths Registers have reportedly shut down at all Woolworths stores across Australia due to a technical outage. Social media posts have revealed shoppers are banked up in stores with their trolleys, unable to move.

Rape cases: Congress to hold candlelight march across Delhi Rape cases: Congress to hold candlelight march across Delhi He said Modi's silence over the rising atrocities against women was "unacceptable" and that India was waiting for him to speak up. Two of the BJP ministers who supported the accused in the Kathua rape case too have resigned from their posts on Friday.

Han Meets Chewie in New Solo TV Spot Han Meets Chewie in New Solo TV Spot With just over a month to go before the film's release, Disney is ramping up the marketing for the next Star Wars movie. We then see Woody Harrelson's Tobias Becket tell Solo that he's putting together a crew.

Sony Xperia XZ2 Premium arrives to take on Samsung Galaxy S9 Sony Xperia XZ2 Premium arrives to take on Samsung Galaxy S9 Apart from the 4K HDR display , the dual camera setup on the rear makes the Sony Xperia XZ2 Premium different from XZ2. The price of the Xperia XZ2 Premium has not been revealed yet and it is likely to be available from May 2018 onwards.

Air strikes on Syria will not change course of war: UK's Johnson Air strikes on Syria will not change course of war: UK's Johnson Despite describing the intervention as "successful", Britain's foreign minister said there were now no plans for further attacks. But Johnson stressed the "overwhelming purpose" of the mission was a response to a series of chemical attacks in recent years.

NBA Playoffs Preview: Houston Rockets vs Minnesota Timberwolves, SWOT Analysis & Prediction NBA Playoffs Preview: Houston Rockets vs Minnesota Timberwolves, SWOT Analysis & Prediction Houston will be without Luc Mbah a Moute , who dislocated his shoulder and is set to miss the entire first round. James Harden is averaging 30.4 points and 8.8 assists while Chris Paul is averaging 18.6 points and 7.9 assists.

Why Manchester City's win over Tottenham Hotspurs meant so much more Why Manchester City's win over Tottenham Hotspurs meant so much more How campaigns finish does often dictate how they're remembered, regardless of how good you've been before that. There was a period of adaptation for him coming into the league and for us taking in his methods.

Kerala: New born baby found inside toilet duct Kerala: New born baby found inside toilet duct An investigation is now underway and police are trying to find the newborn's parents, who are believed to have fled. The officials have sent the body of the baby girl to nearby Thrissur medical college for the post-mortem procedure.

Bayern Munich confirm Kovac will replace Heynckes as coach Bayern Munich confirm Kovac will replace Heynckes as coach This season, only Bayern and Schalke have better defensive records than Eintracht while only Hoffenheim have received more yellow cards.

Russia Says Priority in Syria to Avert Danger of War Russia Says Priority in Syria to Avert Danger of War A fact-finding mission from the Organization for the Prohibition of Chemical Weapons is expected to arrive in Douma on Saturday. The United States , France and Britain fired 105 missiles overnight in retaliation, targeting Syria's chemical weapons program.

Rangers-Colon-Perfect Game Alert,2nd Ld-Writethru Rangers-Colon-Perfect Game Alert,2nd Ld-Writethru BC-BBA-Rangers-Colon-No-Hitter Alert, 186 Colon loses no-hit bid for Rangers in 8th vs AstrosAP Photo TXMW104Eds: APNewsNow. Colon still had the no-hitter intact, but lost it on the next batter when Josh Reddick doubled down the right field line.

WhatsApp will let users re-download deleted images, videos on Android WhatsApp will let users re-download deleted images, videos on Android If you have deleted the downloaded media content from the phone's storage, you can go back to the chat conversation on WhatsApp. However, it is important that we do not delete the message from WhatsApp otherwise it will be impossible to get it back.

Shark attacks second surfer at popular WA surf spot Shark attacks second surfer at popular WA surf spot Surfers look back at the swell on Cowaramup Bay, in Gracetown. "The safety of our surfers and staff is a top priority for the WSL. Opposition Leader Mike Nahan said the attack would make worldwide news given the Margaret River Pro event was on nearby.

Trudeau Puts Money Where His Mouth Is On Pipeline Dispute Trudeau Puts Money Where His Mouth Is On Pipeline Dispute About 200 people have been arrested near Kinder Morgan's marine terminal in Burnaby during recent protests. Horgan said they continue to disagree on energy and will proceed with a court battle against the project.