New Delhi, January 14
Wholesale prices-based inflation surged to an eight-month high of 2.59% in December, as against 0.58% in November due to sharp rise in prices of food articles like onion and potato.
The annual inflation, based on monthly wholesale price index (WPI), was recorded at 3.24% in April 2019. WPI was at 3.46% during December 2018.
Build up inflation rate in the financial year so far was 2.42% compared to a build up rate of 2.92% in the corresponding period of the previous year, as per data released by the Office of Economic Adviser, Ministry of Commerce & Industry today.
The rate of price rise for food articles rose to 13.12% during December as against 11% a month earlier, while for non-food articles it rose nearly four-fold to 7.72% from 1.93% in November.
Among food articles, vegetable prices surged by 69.69%, mainly on account of onion, which witnessed 455.83% jump in prices, followed by potato at 44.97%. — PTI
Azad also demanded that the government brings a bill which s...
RS deputy chairman Harivansh says his fast begins from Tuesd...
The suspended parliamentarians spent the night in the lawns ...
1,053 more fatalities take death toll to 88,935
Senior leaders will lead the protests in their constituencie...