Wholesale Price Index and Inflation
WHOLESALE PRICE INDEX For: Preliminary & Mains Topic covers: WPI, Inflation, Causes, Impact, CPI News Flash Wholesale price-based inflation hit a 22-month low of 2.45% in May on falling prices of food articles, fuel and power items. The Wholesale Price Index (WPI)-based inflation was at 3.07% in April this year. It was 4.78% in May 2018. The decline in the wholesale inflation rate to 2.45% from 3.07% in April suggests that retail inflation,…
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