Live Breaking News & Updates on தாதுக்கள் மன்ஹால் அஜிஸ் அல் கபாஸ்

Stay updated with breaking news from தாதுக்கள் மன்ஹால் அஜிஸ் அல் கபாஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Wholesale inflation rises to 10.5% in April - The Hindu BusinessLine


Wholesale inflation rises to 10.5% in April
May 17, 2021
Inflation for crude petroleum and natural gas, and mineral oils surges during the month
Wholesale inflation surged to double digit at 10.5 per cent in April. This is quiet contrary to retail inflation which dropped to 4.29 per cent in April, which is three months low. Experts feel that with latest number, possibility of any interest rate cut by Monetary Policy Committee (MPC) has waned further.
Wholesale rate of inflation was 7.39 per cent in March and negative 1.57 per cent in April last year.
“The annual rate of inflation in April 2021 is high primarily because of rise in prices of crude petroleum, mineral oils viz petrol, diesel etc, and manufactured products as compared to the corresponding month of the previous year,” a statement by the Commerce & Industry Ministry said on Monday. Wholesale inflation, based on Wholesale Price Index (WPI), is also known as factory or producers’ inflation. It ....

Aditi Nayar , Commerce Industry Ministry , Monetary Policy Committee , Industry Ministry , Wholesale Price Index , Price Index , Chief Economist , Wholesale Inflation , வர்த்தகம் தொழில் அமைச்சகம் , பண பாலிஸீ குழு , தொழில் அமைச்சகம் , மொத்த ப்ரைஸ் குறியீட்டு , ப்ரைஸ் குறியீட்டு , தலைமை பொருளாதார நிபுணர் , மொத்த வீக்கம் ,