New Delhi, July 15 (IANS) The annual rate of inflation based on the all-India Wholesale Price Index (WPI) number edged up to 3.36 per cent in June this year compared to the same month of the previous year, figures released by the Commerce Ministry on Monday showed.
The month-over-month change in WPI for June stood at 0.39 per cent as compared to May.
The increase is primarily due to the prices of food articles going up by as much as 10.87 per cent during the month. Within the food basket, the prices of vegetables shot up by 38.76 per cent as the scorching heat wave hit crops while pulses turned costlier by 21.64 per cent. The Food segment has a weight of 24.4 per cent in the overall index.
However, there was a decline in the prices of petrol and diesel during the month which limited the inflation in the fuel and power segment to 1.03 per cent. The prices of manufactured products went up by 1.43 per cent during the month.
–IANS
sps/uk
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.