- July 16, 2018
- Posted by: Dinesh Gupta
- Categories: Featured, News
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The WPI (Wholesale Price Index) for the month of June 2018 stands at 119.2 as compared to 112.7 last year, indicates an increase of 5.76%. The year 2011-12 is taken as base year at 100 for calculating WPI. So let us see how WPI inflation has gone up this year starting from Jan 2018 onwards.
Wholesale Price Index
Month | 2017 | 2018 | % Increase |
Jan | 112.6 | 116 | 3.01 |
Feb | 113 | 116.1 | 2.74 |
March | 113.2 | 116.3 | 2.73 |
April | 113.2 | 117.3 | 3.62 |
May | 112.9 | 117.9 | 4.43 |
June | 112.7 | 119.2 | 5.76 |
The above table clearly indicates that the Inflation has gone up significantly from 3.01% to 5.76% in last 6 months. The steady rise in inflation is mainly due to rise in prices of fuel and power basket to 16% in June 2018 as compared to last year. The detail of rise of same in last 6 months is depicted below.
Wholesale Price Index for Fuel and Power
Month | 2017 | 2018 | % Increase |
Jan | 93.1 | 97.5 | 4.7 |
Feb | 94.5 | 98.8 | 4.55 |
March | 93.6 | 98 | 4.70 |
April | 91.7 | 99 | 7.96 |
May | 90.09 | 101.1 | 12.22 |
June | 89.6 | 104.1 | 16 |
Source: http://eaindustry.nic.in/
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