WPI Reflects Positive Rate For January As 0.27 %

The annual rate of inflation based on all India Wholesale Price Index (WPI) numbers is 0.27% (Provisional) for January 2024(over January 2023). The Positive inflation rate in January 2024 is primarily due to increased prices of food articles, machinery & equipment, other manufacturing, minerals, other transport equipment etc. 

The index numbers and inflation rate for the last three months of all commodities and WPI components are as follows; The primary article inflated in January at the rate of 3.84 %, fuel & power at the rate of -0.51 %, and manufactured product at the rate of -1.13%. 

The food products have shown the highest positive trend at the rate of 3.79%. The month-over-month change in the WPI index for January 2024 stood at -0.33 % as compared to December 2023.