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India’s wholesale inflation rises to 1.32% in September

14 Oct 2020 Evaluate

India’s inflation based on wholesale price index (WPI) surged to 1.32% for the month of September, 2020 as compared to 0.33% during the corresponding month of the previous year. Component wise, primary articles index having weight of 22.62%, increased by 2.73% to 150.3 (provisional) in September, 2020 from 146.3 (provisional) for the month of August, 2020. Prices of Food Articles, Crude Petroleum & Natural Gas and Minerals increased as compared to August, 2020, while prices of Non-food Articles declined as compared to August, 2020. 

Fuel & Power index, having weight of 13.15%, declined by (-0.44%) to 91.0 (provisional) in September, 2020 from 91.4 (provisional) for the month of August, 2020. Prices of Mineral Oils declined as compared to August, 2020, while prices of coal and electricity remain unchanged.

Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by (0.42%) to 119.8 (provisional) in September, 2020 from 119.3 (provisional) for the month of August, 2020. Meanwhile, for the month of July, 2020 the final Wholesale Price Index for 'All Commodities' (Base: 2011-12=100) stood at 121.0 and WPI based rate of inflation stood at -0.25%.

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