• search
For Quick Alerts
Subscribe Now  
For Quick Alerts
For Daily Alerts

August wholesale inflation remains flat at 1.08 pc


New Delhi, Sep 16: The wholesale price-based inflation in August was flat at 1.08 percent on a month-on-month basis, the government said on Monday.

Representational image

The official Wholesale Price Index (WPI) for all commodities for August rose by 0.2 to 121.4 from 121.2 for the previous month, said a statement issued by the Ministry of Commerce and Industry.

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

The primary articles inflation in August was at 6.43 per cent versus 5.03 per cent in July.

The rate of inflation based on WPI food index with a weightage of over 24 per cent consisting of food articles from primary articles group and food product from manufactured products group increased from 4.54 percent in July to 5.75 per cent in August.

Modi not being told "the bitter truth about the economy": Swamy

The index for manufactured products with a weight of over 64 percent declined by 0.3 percent to 117.8 in August from 118.1 for the previous month.

Meanwhile, the index for fuel and power with a weightage of over 13 percent rose by 0.1 per cent in August to 100.7 from 100.6 in July, said the statement.

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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 Oneindia 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 Oneindia website. However, you can change your cookie settings at any time. Learn more