Business

Inflation Based On WPI Rises To 5.13% In September

JAVED SAIFI | 0
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| October 15 , 2018 , 14:47 IST

The rate of inflation based on WPI (Wholesale Price Index) has increased to 5.13 per cent in September from 4.53 per cent in August, the government announced on Monday.

The rate of inflation in the month of April was stood at 3.62 per cent, least in last six months.

The rate of inflation based on WPI has been increased due to a rise in inflation of major groups.

The primary articles inflation rose by 0.2 per cent to 135.4 from 135.1 for the previous month. The manufactured products inflation rose by 0.6 per cent to 118.5 from 117.8 for the previous month.

Also Read: Wholesale Inflation Rise To 5.77% In June

The fuel and power inflation rose by 2.2 per cent to 107.2 from 104.9 for the previous month. 

"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 from -2.25 per cent in August 2018 to 0.14 per cent in September 2018," the statement reads.

Manufactured Products weigh 64.23 per cent of the total 100 per cent commodities, highest among the other group.

On the other hand, Fuel and power weigh 13.15 per cent of the total and primary articles weigh 22.62 per cent.