WPI: WPI 13.93% in July, slight relief compared to June

Posted on 16th Aug 2022 04:15 pm by rohit kumar

Inflation based on the Wholesale Price Index (WPI) in the country stood at 13.93% (provisional) in July. It shows a slight decline in comparison to June 2022. In June, there was a jump of 15.18% percent in the wholesale inflation rate as compared to the previous year.

 

This rate of wholesale inflation in July was mainly due to relief in prices of mineral oil, food articles, crude petroleum and natural gas, basic metals, energy, chemicals, and allied products. This information was given by the government by releasing the figures on Tuesday.

 

The wholesale inflation rate was the lowest in July during the last five months

 

Let us inform you that in May, the wholesale inflation rate had increased to the highest level of the last three decades at 16.63%. In July 2021, this rate stood at 11.57%. Let us tell you that the wholesale inflation rate has remained above 10% for 16 consecutive months. However, the lowest rate of wholesale inflation was recorded in July 2022 during the last five months.

 

Also Read: Inflation in India: Inflation hit, food prices increase drastically in one year

Other news

Coronavirus Update: 243 new cases of corona in 24 hours, one patient died in Maharashtra

Coronavirus Cases in India: India (India) is fully alert amid the ever-increasing corona infectio

Violence: A huge decline in the incidents of violence in India, claims in the book – Terrorist incidents reduced by 70 percent

There has been a drastic reduction in incidents of violence in India in recent years. This claim

Mehul Choksi: The petition to declare Mehul a fugitive economic offender has been pending for seven years; ED had filed the application

The Enforcement Directorate's (ED) plea to declare absconding diamond trader Mehul Choksi, arrest

Parliament: Birla said - the MP should not make allegations against the speaker on Twitter, 239 crores were spent on PM's 31 foreign trips

Lok Sabha Speaker Om Birla while advising the MPs on Thursday said in the House not to make alleg

PM Modi: 'This time, countdown and rocket are also ours', PM Modi said after announcing the names of astronauts

Prime Minister Narendra Modi has reached Thiruvananthapuram, Kerala today. During this, he visite

Rupee vs Dollar: Rupee closes at record low against the dollar, dollar index at two-decade high

Dollar vs Rupee: On Wednesday, September 21, the Indian rupee closed at its lowest level against

ISRO: Sun's unsolved knots will be solved soon! Countdown begins for launch of ISRO's Sun mission 'Aditya L1'

The countdown for the launch of the Indian space agency ISRO's Sun Mission Aditya L1 has begun. I

Putin said - Modi is a true patriot: Russian President praised the PM of India, said - the future belongs to India

Russian President Vladimir Putin has praised Prime Minister Narendra Modi. He called PM Modi a tr

Bhool Bhulaiyaa 3: Before the release of the film, the director improved Tripti's image, made a big claim about the actress

Bhool Bhulaiyaa 3 is all set to release in theatres this Diwali. The film stars many star actors

Pakistan is troubled by mosquitoes after devastating floods, will buy 62 lakh mosquito nets from India

The Pakistan government on Tuesday approved the country's health ministry to purchase 6.2 million