Wholesale inflation surges to 12-month high at 1.26%
Surge in WPI inflation attributed to increase in prices of food articles, electricity, crude petroleum & natural gas and manufacturing products
Surge in WPI inflation attributed to increase in prices of food articles, electricity, crude petroleum & natural gas and manufacturing products
The country’s wholesale price index in March stood at 151.8. The wholesale price index stood at 151.2 for February and January.
The month-on-month change in the WPI index for February 2024 was 0.07% compared to January 2024.
Inflation rate based on the WPI Food Index dropped from 5.39% in December 2023 to 3.79% in January 2024.
WPI inflation surges for 2nd month straight on increase in food articles, machinery & equipment, computers, electronics & optical products prices
The wholesale inflation in food index increases to 4.69% in November 2023 from 1.07% in October 2023
Wholesale inflation in the fuel and power basket rose from -6.03% in August to -3.35% in September.
Negative rate of wholesale inflation primarily attributed to fall in prices of mineral oils, basic metals, chemical & chemical products, textiles, and food products
The wholesale price index (WPI) rose to -1.36% in July as against -4.12% in June owing to an increase in food prices, according to the ministry of commerce & industry
This is the 13th consecutive month when the wholesale price index (WPI) has declined.