Annual Wholesale Inflation rises to (-)1.99% in Nov
Annual wholesale inflation rate increased to (-)1.99 percent for November from (-)3.81 percent from October, according to official data issued on Monday by the Ministry of Commerce & Industry.
The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) for the month of November, 2015 rose by 0.5 percent to 177.6 (provisional) from 176.7 (provisional) for the previous month.
The annual rate of inflation, based on monthly WPI, stood at -1.99% (provisional) for the month of November, 2015 (over November, 2014) as compared to -3.81% (provisional) for the previous month and -0.17% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.85% compared to a build up rate of 0.50% in the corresponding period of the previous year. Among the primary articles, the index for this major group rose by 1.6 percent to 256.5 (provisional) from 252.4 (provisional).