Wholesale inflation for March pegged at -0.85 percent

Q.  Wholesale inflation for India for the month of March came to _____ percent Y-O-Y continuing the tryst with negative territory as against -0.91 percent in February.
- Published on 19 Apr 16

a. -0.85
b. -0.75
c. -0.65
d. -0.55

ANSWER: -0.85
 
Wholesale inflation for India for the month of March came in at -0.85 percent Y-O-Y continuing the tryst with negative territory as against -0.91 percent in February. This number measured by WPI index was fired by Y-O-Y increase in primary articles, steep fall in fuel and power group and less change in manufactured products.
  • WPI basket weightage for primary articles, fuel and power and manufactured products stood at 20 percent, 15 percent and 65 percent respectively.

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