WPI inflation remains benign

PR No – 85

14th May, 2024

New Delhi


WPI inflation remains benign

Supported by negative inflation in the Non-Food Articles (-4.41%) and manufactured products (-0.42%) the WPI inflation remains benign. Despite the global headwinds the WPI Inflation trajectory in Fuel and Power also remains low at 1.38% in April 2024. However, the WPI inflation in food articles remains elevated at 7.74% in April 2024 as compared with 6.88% in March 2024, said Mr. Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry.

Going ahead, inflation in the food articles is expected to rationalize by September/October 2024  as many of the kharif crops will be entering the mandis and supplementing the existing supply, said Mr. Sanjeev Agrawal.


Warm Regards,

Media Division

PHD Chamber of Commerce and Industry