India's WPI inflation rises to 1.84% in September 2024

The month over month change in WPI index for the month of September 2024 stood at 0.06 per cent as compared to August 2024.

“Positive rate of inflation in September 2024 is primarily due to increase in prices of food articles, food products, other manufacturing, manufacture of motor vehicles, trailers and semi-trailers, manufacture of machinery and equipment, etc,” the Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry of commerce and industry, said.

The official WPI for all commodities (Base: 2011-12 = 100) for the month of September 2024 increased slightly to 154.6 from the previous month’s 154.5.

The index for manufactured products (weight 64.23 per cent) for September 2024 increased slightly to 141.8 from 141.6 in August 2024. The index for ‘Manufacture of Textiles’ sub-group decreased to 135.8 in September from 136.5 in August, while the index for ‘Manufacture of Wearing Apparel’ increased slightly to 153.5 from 152.8 in August.

The index for primary articles (weight 22.62 per cent) increased by 0.41 per cent to 195.7 in September from 194.9 in August 2024, while that for fuel and power (weight 13.15 per cent) declined by 0.81 per cent to 146.9 in September from 148.1 for the month of August 2024.

Fibre2Fashion News Desk (KD)