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Common people are beginning to see signs of relief from the brunt of inflation. After Retail Inflation, now there has been a big decline in Wholesale Inflation as well. In the month of April, the inflation rate based on Wholesale Price Index (WPI) has come down to zero. This is the lowest level of wholesale inflation in about 3 years.
Now wholesale inflation is so much
According to the official data released on Monday, the rate of inflation based on the Wholesale Price Index fell to minus 0.92 percent in April. Earlier, during the month of March also, there was a huge decline in the rate of wholesale inflation and it came down to 1.34 percent. This is a double relief for the common people, as the retail price based inflation data released earlier also declined.
(This news is currently being updated. Keep refreshing the page to know more.)
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