June 14, 2016 2:04 PM

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WPI inflation at 0.79% in May, vegetable prices soar

Rising for the second straight month, wholesale price-based inflation jumped to 0.79 per cent in May with vegetable prices witnessing a double-digit growth. The April WPI-based inflation was at 0.34 per cent and in March it was (-)0.45 per cent .Government data today showed food inflation rose to 7.88 per cent in May as against 4.23 per cent in April. Inflation in vegetables came in at 12.94 per cent, a sharp rise from 2.21 per cent, a month earlier. Pulses inflation remained stubborn at 35.56 per cent. The hardening of WPI food inflation follows the trend of retail inflation released yesterday. Retail inflation touched a 21-month high of 5.76 per cent in May mainly due to rising prices of food items.

June 14, 2016 2:01 PM

printer

WPI inflation at 0.79% in May, vegetable prices soar

Rising for the second straight month, wholesale price-based inflation jumped to 0.79 per cent in May with vegetable prices witnessing a double-digit growth. The April WPI-based inflation was at 0.34 per cent and in March it was (-)0.45 per cent .<br/><br/>Government data today showed food inflation rose to 7.88 per cent in May as against 4.23 per cent in April. Inflation in vegetables came in at 12.94 per cent, a sharp rise from 2.21 per cent, a month earlier. Pulses inflation remained stubborn at 35.56 per cent. <br/><br/>The hardening of WPI food inflation follows the trend of retail inflation released yesterday. Retail inflation touched a 21-month high of 5.76 per cent in May mainly due to rising prices of food items.

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