Aug WPI inflation soars to 6.1%

Written By Unknown on Senin, 16 September 2013 | 14.03

Inflation, as measured by Wholesale Price Index, rose to 6.10 percent in the month of August from 5.79 percent in the previous month, dragged by massive rise in prices of food articles.

The rapidly rising prices of food articles caused maximum damage to the August WPI inflation. It jumped from 18.18 percent in August from 11.91 percent in July.

Meanwhile June WPI inflation was revised upwards to 5.16 percent from the provisional figure of 4.86 percent.

Below are the internals that make the WPI basket

Food Articles Inflation At 18.18% Vs 11.91% (MoM)
Food Articles Index Up 5.3% (MoM)
Primary Articles Inflation At 11.72% Vs 8.99% (MoM)
Primary Articles Index Up 3.8% (MoM)
Manufactured Pdts Inflation At 1.90% Vs 2.81% (MoM)
Manufactured Products Index Down 0.1% (MoM)
Fuel & Power Group Inflation At 11.34% Vs 11.31% (MoM)
Fuel & Power Group Index Up 1.3% (MoM)
All Commodities Index Up 1.2% (MoM)
Non-food Articles Index Down 0.5% (MoM)
Minerals Group Index Up 0.7% (MoM)



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