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WPI: In September, the general public has got some relief from inflation and the wholesale price index has come down. In September, the wholesale inflation rate has come down on a month-on-month basis to 10.70 percent. In August, the wholesale inflation rate stood at 12.4 per cent. In September, the wholesale inflation rate was estimated to be more than 11 percent, which has come a little over 10.5 percent.
Food prices reduced
The figures of wholesale inflation have come a while back and the fall in them shows that this rate has come down due to a slight fall in the prices of food items. With the wholesale inflation falling below 11 percent, a sign of slight relief from inflation can be understood.
In September last year, the wholesale inflation rate was more than 11 percent
In the month of September 2021, the wholesale inflation rate came to 11.8 percent and this year its figure has come to 10.70 percent. If seen this year, the wholesale inflation rate touched a record 15.88 percent in May 2022. At the same time, this is the 18th consecutive month when the inflation rate has been in double digits due to the inflation rate of more than 10 percent in September.
Food inflation reduced but vegetables became expensive
Food inflation has also come down in September and has come down to 8.08 per cent from 9.93 per cent in August last month. However, there has been a strong increase in the inflation rate of vegetables and it has come down to 39.66 percent in September. In August, it stood at 22.29 per cent. Vegetable prices have seen an increase in September due to excessive rains.
Retail inflation data came on October 12
At the same time, there was a jump in the retail inflation rate. In the month of September, the retail inflation rate has increased to 7.41 percent. Retail inflation stood at 7 per cent in August and 6.71 per cent in July. A year ago, in September 2021, the retail inflation rate was 4.35 percent. In this way, for the second consecutive month, there has been an increase in the retail inflation rate.
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