WPI inflation declines to 1.2% in December 2020


The WPI inflation declines to 1.2% in December 2020 as compared to 1.6% in November 2020, 1.3% in October 2020, 1.3% in September 2020, 0.4% in August 2020, (-) 0.3% in July 2020, (-)1.8% in June 2020 and (-)3.4% in May 2020. The decrease in WPI inflation in the month of December 2020 is attributed to decrease in the prices of potato, whose inflation moderated to 37.7% in December 2020 as compared to 115.1% in November 2020, vegetables, whose inflation diminished to (-)13.2% in December 2020 as compared to 12.2% in November 2020 and onion whose inflation moderated to (-)54.7% in Dcember 2020 as compared to (-)7.6% in November 2020.

WPI inflation in Select Commodities (Base year: 2011-12)

 S. No.

Commodity

WPI Inflation Y-o-Y % growth

Oct-20

Nov-20

Dec-20

Change in December-20 as Compared to Previous Month

1

All Commodities

1.3

1.6

1.2

2

Primary Articles

4.3

2.7

(-)1.6

3

Food Articles

7.1

3.9

(-)1.1

4

Cereals

(-)5.2

(-)5.5

(-)6.5

5

Vegetables

26.7

12.2

(-)13.2

6

Non-food Articles

2.9

8.4

3.1

7

Fuel & Power

(-)11.1

(-)9.9

(-)8.7

8

Petrol

(-)14.5

(-)14.7

(-)12.9

9

Manufactured Products

2.2

3.0

4.2

Source: PHD Research Bureau, PHDCCI compiled from the office of the Economic Advisor, Government of India (Note: Figures are rounded off)


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