September WPI inflation stands at -4.54%; falls for 11th straight month
Updated: Oct 14, 2015 12:55:44pm
New Delhi, Oct 14 (KNN) The Wholesale Price Index (WPI) based inflation for the month of September stood at (-) 4.54 per cent as compared to (-) 4.95 per cent in August this year.
“The annual rate of inflation, based on monthly WPI, stood at -4.54 per cent (provisional) for the month of September, 2015 (over September, 2014) as compared to -4.95 per cent (provisional) for the previous month and 2.38 per cent during the corresponding month of the previous year,” according to the official data.
Build up inflation rate in the financial year so far was 0.28 per cent compared to a build-up rate of 2.61 per cent in the corresponding period of the previous year.
For Primary Articles, index for this major group rose by 0.4 percent to 252.4 (provisional) from 251.5 (provisional) for the previous month.
The index for Fuel and Power declined by 1.7 percent to 175.6 (provisional) from 178.7 (provisional) for the previous month due to lower price of aviation turbine fuel (14 per cent), furnace oil (10 per cent), petrol (5 per cent), high speed diesel and bitumen (4 per cent each), kerosene (3 per cent) and electricity (industry) (2 per cent).
However, the price of electricity (agricultural) (12 per cent), electricity (commercial) (3 per cent) and electricity (domestic) (2 per cent) moved up.
The WPI inflation for manufactured products rose by 0.1 percent to 153.3 (provisional) from 153.1 (provisional) for the previous month.
The products for which the index rose were - Food Products; Paper & Paper Products; Leather & Leather Products; Non-Metallic Mineral Products; Basic Metals, Alloys & Metal Products; Transport, Equipment & Parts.
Meanwhile, the products for which the index declined were - Beverages, Tobacco & Tobacco Products; Textiles; Wood & Wood Products; Rubber & Plastic Products; Chemicals & Chemical Products.
For the month of July, 2015, the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 177.6 as compared to 177.5 (provisional) and annual rate of inflation based on final index stood at -4.00 percent as compared to -4.05 percent (provisional) respectively as reported on August 14, 2015. (KNN Bureau)
“The annual rate of inflation, based on monthly WPI, stood at -4.54 per cent (provisional) for the month of September, 2015 (over September, 2014) as compared to -4.95 per cent (provisional) for the previous month and 2.38 per cent during the corresponding month of the previous year,” according to the official data.
Build up inflation rate in the financial year so far was 0.28 per cent compared to a build-up rate of 2.61 per cent in the corresponding period of the previous year.
For Primary Articles, index for this major group rose by 0.4 percent to 252.4 (provisional) from 251.5 (provisional) for the previous month.
The index for Fuel and Power declined by 1.7 percent to 175.6 (provisional) from 178.7 (provisional) for the previous month due to lower price of aviation turbine fuel (14 per cent), furnace oil (10 per cent), petrol (5 per cent), high speed diesel and bitumen (4 per cent each), kerosene (3 per cent) and electricity (industry) (2 per cent).
However, the price of electricity (agricultural) (12 per cent), electricity (commercial) (3 per cent) and electricity (domestic) (2 per cent) moved up.
The WPI inflation for manufactured products rose by 0.1 percent to 153.3 (provisional) from 153.1 (provisional) for the previous month.
The products for which the index rose were - Food Products; Paper & Paper Products; Leather & Leather Products; Non-Metallic Mineral Products; Basic Metals, Alloys & Metal Products; Transport, Equipment & Parts.
Meanwhile, the products for which the index declined were - Beverages, Tobacco & Tobacco Products; Textiles; Wood & Wood Products; Rubber & Plastic Products; Chemicals & Chemical Products.
For the month of July, 2015, the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 177.6 as compared to 177.5 (provisional) and annual rate of inflation based on final index stood at -4.00 percent as compared to -4.05 percent (provisional) respectively as reported on August 14, 2015. (KNN Bureau)
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