Wholesale inflation rises to 0.53% in March
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 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.
The drop in the rate of inflation in April is primarily due to a fall in prices of basic metals, food, and manufactured products.