Left Menu
Development News Edition

India's WPI-based inflation stands at 2.76 pct for Jan 2019

India's WPI-based inflation stands at 2.76 pct for Jan 2019
Image Credit: Reuters

India's annual rate of inflation based on wholesale prices eased to 2.76 per cent in January from 3.02 per cent reported for the corresponding month of 2018, official data showed on Thursday. On a sequential basis, the Wholesale Price Index (WPI) data for January, furnished by the Ministry of Commerce and Industry, showed that wholesale prices rose on a slower rate than the rise of 3.80 per cent reported for December 2018.

"The annual rate of inflation, based on monthly WPI, stood at 2.76 per cent (provisional) for January 2019 (over January 2018) as compared to 3.80 per cent (provisional) for the previous month and 3.02 per cent during the corresponding month of the previous year," the Ministry said in its review of "Index Numbers of Wholesale Price in India" for January. "Build up inflation rate in the financial year so far was 2.49 per cent compared to a build up rate of 2.47 per cent in the corresponding period of the previous year."

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.



Conspiracy theories on COVID 19: Legislators, Scientists, and Journalists all joined the Caravan

Conspiracy theories are not new for virus epidemics. There have been conspiracy theories on HIV-AIDS, Polio Vaccines, Ebola Virus, and several other diseases as well. However, what makes the 2019 Novel Coronavirus different from others is ...

Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...

Handling fake news Infodemic in time of Coronavirus epidemic

Social media has provided a platform where everybody can disseminate his her views without any supervision. Its excellent if the message is genuine but misinformation is equally disastrous. Health is such a topic where every Tom and Harry c...

Sentiment Analysis on Budget 2020: Long shot for solution to economic worries?

Industries and individuals alike had high expectations from the government to take tangible steps but the budget 2020 seems to have failed expectations....


Latest News


Highlights from the southern region at 5 pm.KA-LD SLOGAN-CM Woman who raised pro-Pak slogans had links with Naxalsin the past Karnataka CM Bengaluru A young woman who raised pro-Pakistan slogansat an anti-CAA rally here on Thursday has been...

Jaish associate held in J&K's Budgam

An associate of Jaish-e-Mohammed JeM was arrested from Jammu and Kashmirs Budgam district, police said on Friday. Acting on a tip-off, a checkpoint was established at Khan Sahib in the central Kashmir district. A vehicle was intercepted and...

NCLAT rejects insolvency plea against Sintex Prefab and Infra

The National Company Law Appellate Tribunal has dismissed the Lloyd Insultations plea to initiate insolvency proceedings against Sintex Prefab and Infra. The NCLAT bench headed by Chairperson Justice S J Mukhopadhaya observed that there wa...

Chinese capital battles jump in virus cases as infections ease elsewhere

The number of people who have contracted the coronavirus in the Chinese capital has jumped sharply, including more than 30 in an outbreak at a major hospital, while many other parts of the country are reporting fewer or no new infections. O...

Give Feedback