Agri Buzz: Wholesale Food Price Inflation Falls Well Under Double Digit Figures

16 Aug 2022 , 04:20 PM

The Wholesale Food Price Index consisting of Food Articles from Primary Articles group and Food Product from Manufactured Products group have decreased from 178.4 in June, 2022 to 174.4 in July, 2022. The rate of inflation based on WPI Food Index decreased from 12.41% in June, 2022 to 9.41% in July, 2022. The annual rate of inflation based on All-India Wholesale Price Index (WPI) Number is 13.93% (Provisional) for the month of July, 2022 (over July, 2021). WPI-based inflation was 15.18% in June 2022. Inflation in July, 2022 is primarily contributed by rise in prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, electricity, chemicals & chemical products, food products etc. as compared to the corresponding month of the previous year.Powered by Commodity Insights