Wholesale inflation turns positive after 18 months; 0.34% in Apr

16 May, New Delhi

Lifted by costlier food items, wholesale price-based inflation rose in April, ending 18 straight months of decline.

Turning positive after a period of 18 months, wholesale inflation rose to 0.34 per cent in April this year. Wholesale inflation had stood at minus 0.85 per cent in March this year, and minus 2.43 per cent in April last year.

Data from the Commerce and Industry ministry showed that food inflation rose to 4.23 per cent in April.

Wholesale inflation in vegetables climbed to 2.21 per cent in April, and in pulses it increased to 36.36 per cent. Wholesale inflation in manufactured products was 0.71 per cent during the month.

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