New Delhi, May 16 (PTI): Wholesale price-based inflation turned positive after 17 months, posting an annual gain of 0.34 per cent in April, on rise in vegetables and pulses prices. Food inflation stood at 4.23 per cent in April compared with 3.73 per cent in March. Last week a government data showed a rise in retail inflation for the month of April at 5.39 per cent versus 4.83 per cent in the previous month. The April Wholesale Price Index-based inflation was at (-)0.85 per cent in March. Inflation in vegetables came in at 2.21 per cent compared with (-)2.26 per cent in April while the same in pulses was high at 36.36 per cent as against 34.45 per cent.

Source: The Telegraph May 16, 2016 01:48 UTC