India's wholesale inflation rises to 1.26 pct in April

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India's wholesale inflation rises to 1.26 pct in April

STORY: India's wholesale inflation rises to 1.26 pct in April SHOOTING TIME: Recent footage DATELINE: May 16, 2024 LENGTH: 0:01:11 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of the wholesale market 3. various of fuel station STORYLINE: India's wholesale price index (WPI) rose 1.26 percent in April, according to data released Tuesday by the Federal Ministry of Commerce and Industry. "The annual rate of inflation based on all India WPI number is 1.26 percent (provisional) for the month of April 2024 (over April 2023)," read a statement issued by the ministry. "Positive rate of inflation in April 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum and natural gas, manufacture of food products, other manufacturing etc." WPI for the month of March was recorded as 0.53 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increase or decrease in commodity prices globall

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