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.

Source: www.7thpaycommissionnews.in