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Although on a decline, the high rate of inflation in January is primarily due to rise in prices of mineral oils, crude petroleum & natural gas, basic metals, chemicals and chemical products, food articles.
The index has reduced from last month's 12.07% but is still high on the back of low base recorded last year. The wholesale price index contracted to 0.25 per cent in the July of 2020. Manufactured Goods have risen from 0.59 per cent last year to 11.20 per cent this July.
Read more about Wholesale Price Index Surges 10.49% On Year In April 2021 on Business Standard. The Wholesale Price in India (WPI) revealed today that in April, 2021 (over April, 2020), the annual rate of inflation (YoY), based on monthly WPI, stood at 10.49% (Provisional). The annual rate of inflation in April 2021 is high primarily because
Read more about Wholesale Price Index Up For Second Month, Food Prices See Sharp Spurt on Business Standard. Powered by Capital Market - Live News
Updated Mar 15, 2021 | 13:17 IST In February provisional food prices and manufactured products, which hold maximum weightage in the WPI index, rose 3.31% and 5.81% respectively on a sequential basis February wholesale inflation rises to 27-month high at food prices rise | Photo Credit: Representative Image New Delhi: Wholesale Price Index (WPI) based inflation quickened to 4.17% in the month of February as compared to last month, said the Department for Promotion of Industry and Internal Trade (DPIIT) Monday. It stood at 2.26% in the same month last year ...