India’s inflation based on wholesale price index (WPI) eased to 11.16% in the month of July as against 12.07% in June. The annual rate of inflation is 11.16% (Provisional) for the month of July 2021 as compared to (-0.25%) in July 2020.
Component wise, primary articles index having weight of 22.62%, increased by (1.05%) to 153.4 (provisional) in July 2021 from 151.8 (provisional) for the month of June 2021. Prices of Crude Petroleum & Natural Gas, Non-food Articles and Food Articles increased in July 2021 as compared to June 2021. However, prices of Minerals declined in July 2021 as compared to June 2021.
Fuel & Power index, having weight of 13.15%, increased by (0.53%) to 114.3 (provisional) in July 2021 from 113.7 (provisional) for the month of June 2021. Besides, Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by (0.38%) to 132.0 (provisional) in July 2021 from 131.5 (provisional) for the month of June 2021.
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