The annual rate of inflation, based on monthly WPI for August 2019, remained unchanged at 1.08 compared to July 2019 and 4.62% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.25% compared to a build-up rate of 3.27% in the corresponding period of the previous year.

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from 4.54% in July 2019 to 5.75% in August 2019.

wpi

The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for August 2019 rose by 0.2% to 121.4 (provisional) from 121.2 (provisional) for the previous month, as per Ministry of Commerce & Industry.

Primary Articles (Weight 22.62%) 
The index for this major group rose by 1.3% to 143.9 (provisional) from 142.1 (provisional) for the previous month.

NSE BSE TIPS TODAY