Home > Practice > Current Affairs > July - 2024 > July 16, 2024
1. What was the provisional annual inflation rate based on the Wholesale Price Index (WPI) in India for June 2024?
In June 2024, India's Wholesale Price Index (WPI) experienced a year-on-year increase of 3.36%. This rise was primarily driven by higher prices in food articles, manufactured food products, crude petroleum & natural gas, and mineral oils. The overall WPI for all commodities increased to 153.9, based on the 2011-12 base year, marking a 0.39% rise from May 2024. The significant factors contributing to this inflation rate include a noticeable increase in the prices of primary articles and manufactured products.