• search
For Quick Alerts
For Daily Alerts

India's wholesale inflation falls further to (-)4.95 per cent

By Ians

New Delhi, Sep 14: India's annual inflation rate based on wholesale prices continued in the negative territory in August, falling to (-)4.95 per cent from (-)4.05 per cent in July, official data showed on Monday. The fall was mainly led by lower fuel prices.

The annual rate of inflation, as per the official wholesale price index, stood at 3.85 per cent in the corresponding month of the previous year, according to data released by the commerce and industry ministry.

India's WPI falls further to -4.95%

During the month under review, some commodities of mass consumption continued to upset household budgets and notably among them was onion prices, which were higher by as much as 65 per cent over the like month of the previous year. Pulses were dearer by 36 per cent.

At the same time potatoes and vegetables were cheaper by 52 per cent and 21 per cent, respectively. Even under the manufactured products category, prices of commodities pertaining to food fell -- especially sugar that was lower by 19 per cent year-on-year,

Under fuels -- the index for which was down 16.5 per cent -- petrol was cheaper by 13.26 per cent and diesel by 24.54 per cent.


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