India’s wholesale price index (WPI)-based inflation rose to 1.84% year-on-year in September, compared to a four-month low of 1.31% in August, according to provisional data released by the Ministry of Commerce & Industry on Monday.

In July, WPI inflation was recorded at 2.04%, while it had increased to 3.36% in June. Additionally, the wholesale price index experienced a slight contraction of -0.1% in September 2023.

“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 & semi-trailers, manufacture of machinery & equipment, etc.,” according to a statement by the Ministry of Commerce & Industry.

Furthermore, the month-over-month change in the WPI index for September 2024 was recorded at 0.06% compared to August 2024, Financial Express reports.

According to the release by the Ministry of Commerce & Industry, inflation for food articles surged to 11.53% in September, up from 3.11% in August. Inflation for primary articles rose to 6.59% in September, compared to 2.42% in August. Meanwhile, fuel and power inflation stood at -4.05% in September, an increase from -0.67% in August. Inflation for manufactured products was reported at 1.00% during the month under review.

In addition, within the food articles category, vegetable inflation surged to 48.73% in September, a significant increase from -10.01% in August. Pulses inflation for September was recorded at 12.99%, while wheat inflation rose to 7.60%, compared to 7.28% in August. Cereals inflation stood at 8.08%, and inflation for eggs, meat, and fish was reported at -0.80%. Moreover, potatoes and onions experienced inflation rates of 78.13% and 78.82%, respectively.

The non-food articles category reported WPI inflation of -1.64% in September, compared to -2.08% in the previous month. Inflation for minerals was recorded at 3.03% in September, down from 8.76% in August.

Meanwhile, crude petroleum and natural gas experienced wholesale inflation of -13.04% in September, with crude petroleum alone at -16.78%.

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