May WPI inflation revised to 4.58 % from 4.7%
The wholesale price index (WPI) based inflation rose to a 4 month high of 5.79 % in July against 4.86 % in the previous month as food items, particularly vegetables, turn costlier. Besides, fuel prices also showed a rising tendency in inflation & manufactured items saw a bit of increase in the rate of price rise over the period.
The rate of price rise had stood at 7.52 % in July, 2012.
Inflation in vegetables soared to 46.59 % in July versus 16.42 % in the previous month. It was as low as 5.21 % in May.
In fact, vegetable prices declined in March & April year-on-year and economists had warned that time that these may spike again once rains come due to supply disruption.
Quite contrast to it, fruit prices fell 4.8 % in July year-on-year against 0.43 % fall in the previous month.
Within food, the rate of price rise in onion stood surged to 144.94 % in July against 114 % in June.
This caused overall food inflation to rise to 11.91 % against 9.74 % over the period.
Inflation in fuel and power rose to 11.31 % against 7.12 % over the period.
Manufactured items saw inflation rising marginally to 2.81 % in July against 2.75 % in June.
Wholesale Price Index (WPI) Inflation in %
| Jul,12 | Aug,12 | Sep,12 | Oct,12 | Nov,12 | Dec,12 | Jan,13 | Feb,13 | Mar,13 | Apr,13 | May,13 | June,13 | Jul,13 |
| 7.52 | 8.01 | 8.07 | 7.32 | 7.24 | 7.31 | 7.31 | 7.28 | 5.96 | 4.89 | 4.7 | 4.86 | 5.79 |
Consumer Price Index (CPI) Inflation in %
| July,12 | Aug,12 | Sept,12 | Oct,12 | Nov,12 | Dec,12 | Jan,13 | Feb,13 | Mar, 13 | April,13 | May,13 | June,13 | July,13 |
| 9.86 | 10.03 | 9.73 | 9.75 | 9.9 | 10.56 | 10.79 | 10.91 | 10.39 | 9.39 | 9.31 | 9.87 | 9.64 |
Note:WPI has a base year of 2004-05, CPI inflation has a base year of 2010
Source:Commerce & Industry Ministry, Ministry of Statistics and Programme Implementation
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