India's wholesale inflation rises to 11.39 pct in August

0 Comment(s)Print E-mail Xinhua, September 14, 2021
Adjust font size:

NEW DELHI, Sept. 14 (Xinhua) -- India's wholesale price index (WPI) rose to 11.39 percent in August, compared to 11.16 percent in July, the Ministry of Commerce and Industry said on Tuesday.

"The annual rate of inflation is 11.39 percent (provisional) for the month of August 2021 (over August 2020) as compared to 0.41 percent in August last year," the ministry said in a statement.

The high rate of inflation in August 2021 primarily resulted from price hikes of non-food articles, mineral oils, crude petroleum and natural gas, manufactured products like basic metals, food products, textiles, chemicals and chemical products, the ministry explained.

The monthly rate of inflation, based on month over month movement of the WPI index, in August stood at 1.04 percent (provisional) compared to July, it added.

The WPI inflation, an indicator of prices in the wholesale market, fluctuates mainly with commodity price changes globally.

The WPI Food Index in August 2021 eased to 3.43 percent from 4.46 percent in July.

The Food Index consisting of food articles from the primary articles group and food products from the manufactured products group has increased from 159.3 in July to 159.6 in August.

The index for the manufactured products group rose by 0.76 percent to 133.0 (provisional) in August from 132.0 (provisional) in July.

The index for primary articles went up by 1.56 percent to 155.8 (provisional) in August from 153.4 (provisional) in July.

The index for fuel and power grew by 1.49 percent to 116.0 (provisional) in August 2021 from 114.3 (provisional) in July. Enditem

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from