For Quick Alerts
For Daily Alerts

June WPI Inflation Hits 54-Month High Of 5.77%


The wholesale price inflation index indicated by WPI has hit a peak of 4-year high in the June month to 5.77% with a substantial hike in comparison to a WPI figure of 4.43% reported for the month of May.

June WPI Inflation Hits 54-Month High Of 5.77%

In the same month, in the year ago period, the WPI stood at 0.9%.

The higher WPI figure, which in the previous month leapfrogged 15-month high by recording 4.43%, is primarily attributed to increase in the prices of fuel, food and manufactured products.

As per estimates, the inflation number for the June month was pegged at 4.93% but came in way higher.

Primary articles that have a weightage of 22.62% increased in prices from 3.16% earlier to 5.3%. Food inflation also increase month on month to 1.56% as against the previous 1.12%.

Fuel and power inflation also stood higher at 16.18% vs 11.22%.

On a month on month basis, wholesale prices increased by 1.1% in comparison to 0.9% increase in the month of May.

Read more about: inflation wpi inflation
Story first published: Monday, July 16, 2018, 13:24 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more