WPI Stands at 5.76% in June 2018!!!

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/