Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June, helped by decline in prices of vegetables as well as fuel and power items, according to official data released Monday.
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Watch WPI inflation eases to near 2-yr low at 2.02% in June With HD Quality.
Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June, helped by decline in prices of vegetables as well as fuel and power items, according to official data released Monday.
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Watch WPI inflation eases to near 2-yr low at 2.02% in June With HD Quality
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Lower fuel prices further eased India's retail inflation in December to 2.19 per cent from the annual rate of 2.33 per cent in November, even as food prices appreciated somewhat over the previous month although continuing to remain in the negative zone, official data showed on Monday. Central Statistics Office data showed that on a year-on-year basis, the fall in Consumer Price Index (CPI) last month was much sharper as compared to the CPI at 5.21 per cent in December 2017.
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The annual rate of inflation, based on monthly WPI, stood at 3.80% for the month of December, 2018 as compared to 4.64% for the previous month and 3.58% during the corresponding month of the previous year.
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Inflation in October 2013 was 18.19% and in November 2013 at 19.93%. However, we have brought inflation from 6.77% in October 2022 to 5.88% in November.
WPI inflation hits 21-month low at 5.85% YoY Nov 2022.
- Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, 14.12.2022
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WPI inflation hits 21-month low at 5.85% YoY Nov 2022: FM Smt. Nirmala Sitharaman in Lok Sabha
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The rise in India's August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday. Accordingly, the rise in August's WPI remained unchanged at 1.08 per cent on a sequential basis. However, it eased on a YoY basis. In August 2018, the WPI had risen to 4.62 per cent.
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Food inflation stood at 3.73 per cent in March compared with 3.35 per cent in February, showed official data released on Monday.
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The prices of essential commodities including pulses and vegetable are skyrocketing. The vegetable price inflation rose 2.21 percent to 12.94%. hitting the Wholesale Price Index (WPI), pushing it to 0.79% in May, its highest level in 19 months.
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Wholesale inflation soared to a 23-month high of 3.55 per cent in July as vegetables, pulses and sugar turned costlier. Wholesale price index (WPI) inflation in vegetables shot up by 28.05 per cent in July, while that in pulses rose 35.76 per cent.Overall the food inflation basket showed double digit inflation of 11.82 per cent, according to the Commerce Ministry data.
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Wholesale price-based inflation rose for the second consecutive month to 3.18 per cent in March on costlier food and fuel, government data released Monday showed. The Wholesale Price Index (WPI) based inflation was at 2.93 per cent in February. It was 2.74 per cent in March 2018. Inflation in food articles hardened with steep rise in prices of vegetables during March 2019
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