India’s wholesale price inflation rose to 5.13% in September compared to the corresponding month last year, the Ministry of Commerce and Industry said on Monday. The wholesale price inflation had stood at 4.53% in August 2018, and 3.14% in September 2017.
Food articles became cheaper by 0.21% year-on-year in September. The price of pulses dropped by 18.14% since the same month last year, the price of vegetables by 3.83%, onion by 25.23% and fruits by 7.35%. However, potato prices rose 80.13% and crude petroleum 47.83%.
In the fuel and power category, liquefied petroleum gas became more expensive by 33.51%. The price of petrol increased by 17.21% and that of high speed diesel by 22.18%.
In the manufactured goods sector, prices of sugar fell by 12.91%. However, the price of manufacture of basic metals rose by 12.78%.
Data released last week had shown that retail inflation rose slightly to 3.77% in September, from 3.69% in August. The increase in retail inflation was driven by higher food and fuel prices and a depreciating rupee.
Buy an annual Scroll Membership to support independent journalism and get special benefits.
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!