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Business Economy


August WPI inflation unchanged at 1.08 per cent MoM

August WPI inflation unchanged at 1.08 per cent MoM

New Delhi, Sep 16 (UNI) The annual rate of inflation, based on monthly Wholesale Price Index for August 2019, remained unchanged at 1.08 compared to July 2019 and 4.62 per cent during the corresponding month of the previous year, according to government data on Monday.

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased to 5.75 per cent in August. from 4.54 per cent in July, the Commerce and Industry Ministry said.

Pulses inflation settled at 16.36 per cent in August compared to 20.08 per cent in July while onion inflation in August was 33.01 per cent compared to 7.63 per cent in July.

Primary Articles Inflation stood at 6.43 per cent in August compared to 5.03 per cent in July while

Manufactured Products Inflation was flat vs 0.34 per cent in July, 2019.

Inflation for Fuel & Power Inflation was -4 per cent compared to -3.64 per cent in July.

Core Inflation was -0.3per cent in August compared to 0.2 per cent in July.

The index for 'Food Articles' group rose by 1.4 per cent compared to previous month and ' Non-Food Articles' group rose by 0.9 per cent.

The index for 'Crude Petroleum and Natural Gas' group rose by 1.4 per cent due to higher price of natural gas and crude petroleum.

The index for Fuel and Power rose by 0.1 per cent while for manufactured products declined by 0.3 per cent.



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