New WPI effective April 1

A new series of Wholesale Price Index (WPI) with 1993-94 as the base year has been introduced with effect from the week-ending April 1.

The inflation rate (as measured by the new Wholesale Price Index) has moved up to 4.22 per cent, for the week ended April 1, from 4.16 per cent recorded in the preceding week. The inflation rate for the corresponding period (as per the new series) of last year was at 4.33 per cent.