India’s WPI Inflation in June 2024 Accelerates To 3.36%: Official Data – News18

WPI Inflation in June 2024.

WPI Inflation in June 2024.

Positive rate of WPI inflation in June 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing.

WPI Inflation in June 2024: India’s wholesale price inflation in June 2024 rose to 3.36 per cent on costlier food items, as compared with 2.61 per cent in the previous month of May 2024, according to the latest official data released on Monday.

“The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 3.36% (Provisional) for the month of June, 2024 (over June, 2023). Positive rate of inflation in June, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc,” the Ministry of Commerce and Industry said in a statement.

In June 2024, India’s CPI inflation in June 2024 also rose to 4-month high of 5.08 per cent on the back of higher food prices, according to official data released on Friday, July 12.