Blog for Stock tips, Equity tips, Commodity tips, Forex tips:

Want to beat the stock market volatility? Just keep on reading this exclusive blog by Sharetipsinfo which will cover topics related to stock market, share trading, Indian stock market, commodity trading, equity trading, future and options trading, options trading, nse, bse, mcx, forex and stock tips. Indian stock market traders can get share tips covering cash tips, future tips, commodity tips, nifty tips and option trading tips and forex international traders can get forex signals covering currency signals, shares signals, indices signals and commodity signals.

Wholesale inflation eases marginally to 2.47% in March

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

India's wholesale inflation grew 2.47 percent in March as prices of vegetables and other food and beverages softened, latest price data released by the commerce and industry ministry showed.

Wholesale inflation rate, measured by Wholesale Price Index (WPI), is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices.

WPI witnessed a growth of 2.48 percent in February. Also, January WPI inflation has been revised to 3.02 percent from 2.84 percent.

Index for in primary articles inflation, which account for more than a fifth of the entire wholesale price index, declined by 0.5 percent in March from 0.79 percent in February.

Index for prices of vegetables fell 2.7 percent.

The index for non-food articles group declined by 0.3 percent to 120.2 (provisional) from 120.6 (provisional) due to lower price of guar seed, niger seed, floriculture, raw cotton, cotton seed, skins (raw) and gingelly seed, etc.

Prices of pulses continued to slump with the inflation falling at 20.58 percent in March compared to fall of 24.51 percent in February.

Fuel and power inflation, which has a weightage of 13.15 percent in WPI, declined by 0.1 percent in March, month-on-month.