WPI – The News Desk

Inflation in food articles eased to 2.53 per cent in October. It was 3.35 per cent in the previous month. The wholesale price index-based inflation remained in the negative territory for the seventh straight month in October at (-) 0.52 per cent, on easing prices of food items. The WPI-based inflation rate has been in the negative zone since April and was at (-) 0.26 per cent in September, 2023. In October last year, WPI was at 8.67 per cent. Inflation in food articles eased to 2.53 per cent in October. It was 3.35 per cent in the previous month. "The negative rate of inflation in October, 2023, is primarily due to fall in prices of chemicals and chemical products, electricity, textiles, basic metals, food products, paper and paper products, etc. as compa...

The wholesale price-based inflation rate declined to (-) 4.12 per cent in June on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation in May was (-) 3.48 per cent. In June last year, it was 16.23 per cent. Inflation in food articles declined to (-) 1.24 per cent in June against (-) 1.59 per cent in May, the Commerce and Industry Ministry said in a release on Friday. Fuel and power basket inflation eased to (-) 12.63 per cent in June from (-) 9.17 per cent in May. In manufactured products, the inflation rate was (-) 2.71 per cent in the month under review against (-) 2.97 per cent in May. The decline in the rate of inflation in June 2023 is primarily due to a fall in prices of mineral oils, food produ...

Tag: WPI

Wholesale inflation at -0.52% in Oct; in negative territory for 7th month

WPI inflation declines to (-) 4.12% in June on easing food prices