WPI Inflation For September In Negative For 6th Straight Month At 0.26%

WPI Inflation For September In Negative For 6th Straight Month At 0.26%

The primary article index was at 3.70 per cent against 6.34 per cent (MoM).

FPJ Web DeskUpdated: Monday, October 16, 2023, 12:10 PM IST
article-image
WPI Inflation For September In Negative For 6th Straight Month At 0.26% | Unsplash.com

The September Wholesale Price Index Inflation in negative at 0.26 per cent against -0.52 per cent in August. This is the sixth straight month that the inflation has been in the negative range.

The food index inflation was down 4.5 per cent at 1.54 per cent in September against 5.62 per cent in August.

The primary article index was at 3.70 per cent against 6.34 per cent (MoM) down 3.8 per cent and the fuel and power index was up 2.3 per cent MoM at -3.35 per cent.

Manufactured products inflation was at -1.34 per cent in comparison to -2.37 per cent contraction in August.

The core inflation rate remained was at -1.4 per cent aginst -2.2 per cent in August and all the commodities index were at 0.6 per cent (MoM).

WPI is used to track factory gate prices before retail prices and it measure the change in prices of goods that wholesale businesses sell to trade with other companies in bulk.

RECENT STORIES

'Swachh Shehar Jodi' Initiative Launched For Handholding 200 Cities In Urban Waste Management

'Swachh Shehar Jodi' Initiative Launched For Handholding 200 Cities In Urban Waste Management

MoSPI Releases Draft Indian Statistical Institute Bill, 2025, For Public Consultation Ahead Of ISI...

MoSPI Releases Draft Indian Statistical Institute Bill, 2025, For Public Consultation Ahead Of ISI...

Steep US Tariffs Pose Major Risk To Indian Goods, Investments Face Threat: Crisil Report

Steep US Tariffs Pose Major Risk To Indian Goods, Investments Face Threat: Crisil Report

India's Task Is To Transform Global South By Shaping Rules: IN Report

India's Task Is To Transform Global South By Shaping Rules: IN Report

Decarbonising India’s Cooking Sector Crucial To Achieve Net Zero Goal By 2070

Decarbonising India’s Cooking Sector Crucial To Achieve Net Zero Goal By 2070