WPI inflation dips to 0.39 pc in May

advertisement

New Delhi, June 16: Wholesale price inflation (WPI) declined to 0.39 per cent in May as prices of food articles, manufactured products, and fuel eased, government data showed on Monday.

advertisement

WPI-based inflation was 0.85 per cent in April. It was 2.74 per cent in May last year.

“Positive rate of inflation in May 2025 is primarily due to increase in prices of manufacture of food products, electricity, other manufacturing, chemicals and chemical products, manufacture of other transport equipment and non-food articles, etc,” the industry ministry said in a statement.

As per the WPI data, food articles saw a deflation of 1.56 per cent in May, against a deflation of 0.86 per cent in April, with vegetables seeing a sharp drop.

Deflation in vegetables was 21.62 per cent in May, compared to 18.26 per cent in April.

Manufactured products, however, saw inflation at 2.04 per cent, compared to 2.62 per cent in April.

Fuel and power, too, saw a deflation of 2.27 pc in May, compared to a 2.18 per cent inflation in April.

The Reserve Bank of India (RBI) mainly takes into account retail inflation while formulating monetary policy.

Data released last week showed, retail inflation eased to over six-year-low of 2.82 per cent in May mainly due subdued food prices.

advertisement

The RBI this month cut benchmark policy interest rates by a sharp 0.50 per cent to 5.50 per cent amid easing inflation. (PTI)

advertisement

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

HC orders panel to initiate common cremation grounds  

Hindu, Khasi, Jaintia community members decide to share cremation...

Ropeway project : HC orders feasibility study for compensatory afforestation

Shillong, July 30: The Meghalaya High Court has ordered...

Your conduct doesn’t inspire confidence: SC to Justice Varma

New Delhi, July 30: The Supreme Court on Wednesday...

Oppn MPs slam PM over not replying to Op Sindoor debate in RS

New Delhi, July 30: Opposition parties on Wednesday slammed...

PMIC opens admission for MBBS 2025-26 session

Shillong, July 30: The PA Sangma International Medical College...

Lt Col among 2 Army personnel dead as boulder falls on vehicle in Ladakh

Leh, July 30: Two army personnel, including a Lt...
spot_img

Related Articles

Popular Categories