City
Epaper

India's WPI inflation edges up to 2.61 pc in May

By IANS | Updated: June 14, 2024 13:25 IST

New Delhi, June 14 India's inflation rate based on the Wholesale Price Index (WPI) edged up to 2.61 ...

Open in App

New Delhi, June 14 India's inflation rate based on the Wholesale Price Index (WPI) edged up to 2.61 per cent during May this year compared to the same month last year, according to figures released by the Commerce Ministry on Friday.

The positive rate of inflation in May is primarily due to the increase in prices of food articles which rose by 7.4 per cent.

The wholesale prices of onions went up sharply by 58 per cent during the month which played spoilsport.

Crude petroleum & natural gas turned costlier by 1.35 per cent during the month and prices of manufactured products were up marginally by 0.78 per cent.

The WPI inflation has been edging up over the last three months from 0.26 per cent in March to 1.26 per cent in April largely due to the increase in the prices of food items along with an increase in fuel prices.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsPakistan Super League gets 12 bids for two new teams, but high base price worries bidders: Report

BusinessHM Amit Shah, CM Mohan Yadav to inaugurate natural farming project in Rewa

NationalTN govt begins phased regularisation of contract nurses, strike withdrawn after assurance

NationalKerala Guv stalls Sanskrit University land transfer to KCA, seeks V-C's explanation

NationalHM Amit Shah, CM Mohan Yadav to inaugurate natural farming project in Rewa

Business Realted Stories

BusinessGujarat to showcase rooftop solar success stories at VGRC Kutch-Saurashtra

BusinessConsumer Affairs Ministry receives 100 complaints over IndiGo ticket cancellations

BusinessRBI to inject USD 10 billion liquidity through three-year Dollar-Rupee swap

BusinessRBI gives banks more time to roll out quicker cheque clearance in phase 2

BusinessGIT Backstage App Set to Disrupt the Event Industry with Mostly Free Features