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The month over month change in WPI for the month of June 2024 stood at 0.39 per cent as compared to May 2024.
“Positive rate of inflation in June 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum and natural gas, mineral oils, other manufacturing 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 June 2024 increased to 153.9 from the previous month’s 153.3.
The index for manufactured products (weight 64.23 per cent) for June 2024 rose slightly to 141.9 from 141.7 in May 2024. The index for ‘Manufacture of Textiles’ sub-group increased slightly to 136.4 in June from 135.9 in May, while the index for ‘Manufacture of Wearing Apparel’ decreased slightly to 152.2 from 152.5 in May.
The index for primary articles (weight 22.62 per cent) increased to 191.6 in June 2024 from 187.7 in May 2024, while that for fuel and power (weight 13.15 per cent) decreased to 147.7 from 150.6 in May 2024.
Fibre2Fashion News Desk (KD)
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