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

PM Modi inaugurates Surat Diamond Bourse, read the specialty of the world's largest office complex

Prime Minister Narendra Modi today inaugurated the world's largest office complex in Surat, Gujar

Soren said - a 1000 crore scam is not possible: such action of summons is going on as if I am about to leave the country; Inquiry started in the ED office

ED's interrogation of Chief Minister Hemant Soren is going on in the illegal mining case. A list

Shreyas can play in place of Virat: Ishaan can also get a chance, to know India's possible playing 11 against New Zealand

After 15 years, Team India had a chance to win the T20 World Cup, which went out of hand after lo

Salman Khan: Preparations are on to field Salman Khan in the next Lok Sabha elections, this news came out from Bandra's Eid Milan celebrations

Could Salman Khan's next step be towards politics? This time there was a lot of discussion on thi

Vijay Deverakonda: 'I am not single'; Vijay confessed his relationship for the first time, there are dating rumours with Rashmika

South Industry's well-known actor Vijay Deverakonda is once again in the headlines for his person

Way for India to become a developed nation, people should be aware of rights as well as duties

Prime Minister Narendra Modi's address at Red Fort on 76th Independence Day sent a message not on

Virat Kohli Ranji Trophy: Kohli will return to Ranji after 13 years, joined the Delhi team for training

Star Indian batsman Virat Kohli started training with the Delhi team here on Tuesday ahead of his

Ukraine Crisis: Ukrainian Army doctors struggling to save lives on the front line

The Russia-Ukraine war has been going on for a long time. Day by day the form of this war is beco

Diljit Dosanjh: Abhijeet Bhattacharya got angry at Diljit amidst the controversy of Sardar Ji 3, said- India belongs to our father

Punjabi superstar and singer Diljit Dosanjh is once again in the headlines, although now he is su

UP PET 2022: UP PET exam started, if you are joining then know the important rules

UP PET 2022: Uttar Pradesh Subordinate Services Selection Commission (UPSSSC) is going to conduct