New date of release of Wholesale Price Index (WPI) (Base 2004-05=100) for March 2016

New date of release of Wholesale Price Index (WPI) (Base 2004-05=100) for March 2016

Ministry of Commerce & Industry

06-April, 2016

In view of declaration of holiday on 14th April 2016 on account of birthday of Dr. B.R Ambedkar by Government of India, in exercise of power conferred by section 25 of the Negotiable Instruments Act, 1881 (26 of 1881), vide Office Memorandum no. 12/6/2016-JCA-2 dated 21st April 2016 by Department of Personal and Training, it is informed that the WPI for March 2016 will be released on 18th April 2016 instead of 14th April 2016.

PIB

Read More

Annual rate of inflation based on monthly WPI stood at 2.33% for March 2015

Annual rate of inflation based on monthly WPI stood at 2.33% for March 2015

The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month of March, 2015 rose by 0.2 percent to 176.1 (provisional) from 175.8 (provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at -2.33% (provisional) for the month of March, 2015 (over March, 2014) as compared to -2.06% (provisional) for the previous month and 6.00% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was -2.33% compared to a build up rate of 6.00% in the corresponding period of the previous year.

Read More