Economy / India's September WPI inflation hits 7-month high at 1.32%

India's Wholesale Price Index-based inflation in September hit a seven-month high at 1.32% as against 0.33% in the previous year, driven mostly by costlier food articles, according to government data. In August, WPI inflation stood at 0.16%. Inflation in food articles in September rose to 8.17% from 3.84% in August. Prices of potato rose by 107.6% from the year-ago period.

Vikrant Shekhawat : Oct 14, 2020, 04:27 PM
New Delhi: The annual rate of inflation based on monthly wholesale price index (WPI) was up at 1.32 per cent in September as compared to 0.16 per cent in the previous month, data released by the government on Wednesday showed.

In September last year, it was 0.33 per cent. Food inflation jumped from 4.07 per cent in August to 6.92 per cent in September while manufactured products inflation moved to 1.61 per cent from 1.27 per cent in August.

The index for primary articles increased by 2.73 per cent to 150.3 in September from 146.3 in August. The rices of food articles (3.7 per cent), crude petroleum and natural gas (1.41 per cent) and minerals (0.12 per cent) increased as compared to August.

But the prices of non-food articles declined by 0.94 per cent. The index for fuel and power declined by 0.44 per cent to 91 from 91.4 in August.

The index for manufactured products with a weightage of 64.23 per cent increased by 0.42 per cent to 119.8 in September 119.3 in the previous month.

The food index consisting of food articles from primary articles group and food products from manufactured products group increased from 153.3 in August to 157.6 in September.