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Inflation stays negative for 16th month

The Wholesale Price Index-based inflation remained in the negative zone for a 16th straight month at (-)0.91 per cent in February as food articles, mainly vegetables and pulses turned cheaper.

The Wholesale Price Index-based inflation was (-)0.9 per cent in January. In February last year, it was (-)2.17 per cent. This is the 16th straight month since November 2014 when deflationary pressure has persisted.

Food inflation stood at 3.35 per cent in February compared with 6.02 per cent in January, showed official data, which was released today. Inflation in pulses and onion eased to 38.84 per cent and (-)13.22 per cent, respectively. The rate of price rise in the case of vegetables was (-)3.34 per cent, and for fruits, it stood at (-)1.95 per cent.

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NMTV was launched in the year 1999, and is Maharashtra only accredited 24-hour, 7-day-a-week local cable news station of Navi Mumbai airing news bulletins and programs in English, Hindi and Marathi. NMTV represents the state-of-the-art in local television news coverage, delivering on a commitment of responsible and community-oriented journalism on an around-the-clock basis.

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