Official WPI for All Commodities rises by 0.2 % for June 2019

Speed Post News Network

New Delhi : The official Wholesale Price Index (WPI) for ‘All Commodities’ (Base: 2011-12=100) for the month of June,2019, rose by 0.2% to 121.5 (provisional) from 121.2 (provisional) for the previous month.

The annual rate of inflation, based on monthly WPI, stood at 2.02% (provisional) for the month of June,2019 (over June,2018) as compared to 2.45% (provisional) for the previous month and 5.68% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.33% compared to a build up rate of 2.41% in the corresponding period of the previous year.

Primary Articles : The index for this major group rose by 1.4% to 141.4 (provisional) from 139.5 (provisional) for the previous month. The index for ‘Food Articles’ group rose by 1.1% to 151.7 (provisional) from 150.1 (provisional) for the previous month due to higher price of fish-marine (6%), pork, arhar, barley, peas/chawali and moong (4% each), fruits & vegetables and Urad (3% each), masur and maize (2% each) and mutton, condiments & spices, rajma and paddy (1% each). However, the price of betel leaves (26%), tea (2%), ragi, and poultry chicken (1% each) declined, according to a PIB release.