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India's WPI inflation rises to 3.18% in April

India's WPI inflation rises to 3.18% in April

India Blooms News Service | @indiablooms | 14 May 2018, 07:09 pm

New Delhi, May 14 (IBNS):  Inflation based on wholesale prices moved up to  3.18 per cent in Apri , government data released on Monday said.

As per the government data released on Monday,  the Wholesale Price Index (WPI) based inflation stood at 2.47 per cent in March.

"The annual rate of inflation, based on monthly WPI, stood at 3.18% (provisional) for the month of April, 2018 (over April, 2017) as compared to 2.47% (provisional) for the previous month and 3.85% during the corresponding month of the previous year," the government release said.

"Build up inflation rate in the financial year so far was 0.69% compared to a build up rate of 0.00% in the corresponding period of the previous year," it said.