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LATEST NEWS UPDATES | Costlier food, fuel push Sep wholesale inflation to 2-month high of 5.13%

Costlier food, fuel push Sep wholesale inflation to 2-month high of 5.13%

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published Published on Oct 17, 2018   modified Modified on Oct 17, 2018
-PTI

Inflation in 'fuel and power' basket in September was 16.65 per cent

Inflation based on wholesale prices rose to a two-month high of 5.13 per cent in September, mainly due to hardening of food prices and rise in cost of petrol and diesel.

The Wholesale Price Index (WPI) based inflation stood at 4.53 per cent in August and 3.14 per cent in September last year.

According to the government data released Monday, food articles witnessed hardening of prices with deflation at 0.21 per cent September as against 4.04 per cent in August.

Deflation in vegetables was 3.83 per cent in September, compared to 20.18 per cent in the previous month.

Inflation in 'fuel and power' basket in September was 16.65 per cent. Individually, in petrol and diesel it was 17.21 per cent and 22.18 per cent, respectively, and for LPG it was 33.51 per cent.

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Business Standard, 15 October, 2018, https://www.business-standard.com/article/economy-policy/wpi-inflation-rises-to-two-month-high-of-5-13-in-sept-from-4-53-in-august-118101500278_1.html


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