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WPI Inflation decreases to 4.64%

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The annual rate of inflation, based on monthly WPI, stood at 4.64% (provisional) for the month of November, 2018 (over November, 2017) as compared to 5.28% (provisional) for the previous month and 4.02% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 4.73% compared to a build up rate of 2.83% 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 decreased from -0.64% in October, 2018 to -1.96% in November, 2018.

For the month of September, 2018, the final Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) stood at 120.9 as compared to 120.8 (provisional) and annual rate of inflation based on final index stood at 5.22 percent as compared to 5.13 percent (provisional) respectively as reported on 15.10.2018.