WPI inflation hits eight-month low at 2.47% in March
WPI inflation hits eight-month low at 2.47% in March
A man working in warehouse
16 April, 2018, 13:51
New Zealand's annual pace of inflation probably slowed in the first three months of the year as the government's "fees free" tertiary education policy comes into effect, removing price pressures in the sector.
Furthermore, index for "Non-Food Articles" group declined by 0.3 percent to 120.2 (provisional) from 120.6 (provisional) for the previous month due to lower price of guar seed (7%), niger seed (6%), floriculture (5%), raw cotton, cotton seed, skins (raw) and gingelly seed (3% each), copra (coconut) (2%) and linseed, castor seed, raw jute, groundnut seed and rape & mustard seed (1% each).
Deflation in vegetables was 2.70 percent, pulses (20.58 percent) and wheat (1.19 percent) in March.
Mr Brown highlighted BRC Shop Price Index data, which showed food prices dropping at their fastest rate in 18 months in March, which could have a larger impact on the inflation figure alongside fuel costs. The data for February had, in fact, shown a marginal softening in this basket.
The annual rate of inflation, based on monthly WPI, stood at 2.47 percent (provisional) for the month of March, 2018 (over March, 2017) as compared to 2.48 percent (provisional) for the previous month and 5.11 percent during the corresponding month of the previous year.
However, the price of raw silk, mesta and hides, sunflower, soyabean, fodder, raw wool, coir fibre and raw rubber moved up.
The index for manufactured goods rose by 0.4 percent to 115.7 (provisional) from 115.2 (provisional) for the previous month.
The index for Non-Food Articles group declined by 0.3 percent to 120.2 (provisional) from 120.6 (provisional) for the previous month.
Inflation in onion continued to stay high at 42.22 per cent and in potato at 43.25 per cent.
The index for "Minerals" group declined by 2% to 119.7 (provisional) from 122.2 (provisional) for the previous month due to lower price of copper concentrate (14%) and phosphorite (1%).
Retail inflation, as per data released last week, slipped to a five-month low of 4.28 percent in March on account of a decline in food prices. It revised downwards forecast for retail inflation to 4.7-5.1 per cent for April-September and 4.4 per cent for October-March.
Except when Rick et al got to that spot expecting to ambush Negan they heard his familiar whistle seemingly coming from all sides. She tells Jesus that they will bide their time, then wait for their moment and show Rick and Michonne just how wrong they were.
There was plenty of that going on ... and plenty of the sort of adulation that Winnie was never accorded when she was alive. As with her former husband Nelson Mandela's funeral, the rain poured down on the day of Madikizela-Mandela's send-off.
The stock underperformed the S&P 500 by 33.08%. ( NASDAQ : DISCA ) has "Hold" rating given by Pivotal Research. (NYSE:T). The company reported $0.47 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.39 by $0.08.
But Trump later said he was thinking about "this Russian Federation thing" around the time he made a decision to fire Comey. Trump has denied having asked Comey for his loyalty. "That's not a perspective, that's not a view, that's just a lie".
INITIAL: MAYHEM has erupted at Woolworths stores across the Mackay region as a national technical outage shuts down stores. The supermarket giant has taken to Twitter to confirm the IT issue has since been resolved.
Depth goes a long way in the postseason and that's something that Tom Thibodeau has not really relied on in Minnesota. Luc Mbah a Moute (shoulder) is expected to miss the first round, so there could be more minutes for the likes of P.J.
If you do have issues with the IRS, help is available and programs are in place so that you can become compliant again. Believe it or not, the process of filing an extension on your taxes is probably a lot more painless than you think.
It comes as the first attack victim, aged in his 30s, was rushed to Royal Perth Hospital for emergency surgery. Beach closures are in place for the Gracetown area, including North Point, Big Rock and Lefthanders.
Finally, Trexquant Investment LP acquired a new position in shares of Zillow Group in the 3rd quarter valued at about $477,000. Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States.
West Brom caretaker boss Darren Moore isn't thinking about the fulltime job, despite their shock win at Manchester United . Mourinho suggested he had already congratulated his rivals in advance. "They always had time to organise themselves".
The Reddit community for Ethereum is /r/ethereum and the currency's Github account can be viewed here. Binance Coin (BNB) traded 7.2% higher against the dollar and now trades at $13.84 or 0.00172466 BTC.
Four injured in brawl at Gurdwara in US
He tells WISH TV the altercation started because there is a change of direction which he states happens. Investigators said they are still probing the incident and no arrests have been made.
Manchester City Clinches Premier League Title
Manchester City this season has produced some of the most breathtaking soccer the Premier League has ever seen. I have seen many teams win it as champions for the whole season, and it's the first case for us.
Mom who drove SUV with family off cliff was drunk
Authorities, who originally had said the body was a child's, anticipate that an autopsy will be performed early next week. Bruce Carpenter said Friday, April 13, 2018, that toxicology tests found Jennifer Hart had an alcohol level of.102.
HMD Global to Release Nokia X(2018) on April 27, 2018
Now, it has come to light that HMD Global Oy, the sole licensee of Nokia brand is bringing the nostalgia-inducing Nokia X back. HMD is knowing to revive old Nokia phones like the Nokia 3310 last year and the Nokia 8810 "banana phone" this year.
Q1 2018 EPS Estimates for Comcast Co. (CMCSA) Cut by Analyst
The stock of Packaging Corporation of America (NYSE:PKG) earned "Hold" rating by KeyBanc Capital Markets on Monday, September 11. Stratos Wealth Partners accumulated 32,677 shares or 0.09% of the stock. ( NYSE:VZ ), 10 have Buy rating, 0 Sell and 19 Hold.
Xiaomi Mi 6X Coming On April 25, Official Render Available
The X-shaped back of the phone is meant to ensure a better grip and the frame doubles up as an antenna for stronger connectivity. The phone boasts a 6-inch full-HD+ display with resolution of 1080×2160 pixels, brightness of 550 nits and aspect ratio of 18:9.
Syrian chemical attack was staged - Russian Federation
The government's capture of Douma, the last town held by the rebels in eastern Ghouta, marked a major victory for Assad. The White House said it is continuing to assess intelligence and talk to its allies about how to respond to the matter.
France convinced Trump to stay in Syria, says Macron
Inspectors from the independent Organisation for the Prohibition of Chemical Weapons (OPCW) are now in Damascus. Saturday's strikes on Syria were the first major military operation since Macron's election in May a year ago .