81 Tests, 2019 Articles
and counting ...

WPI Inflation Bites At 7%; Onion Prices Up By 279 %

PUBLISHED BY: SURENDER KUMAR
NOVEMBER 15, 2013

   
  submit to reddit   Delicious   Digg   LinkedIn  

 

 

The Wholesale Price Index (WPI) continues to rise and and pinch the common man. As per the latest data, the WPI inflation touched an eight month high at 7% in October. The WPI in in October 2012 was 7.32%, while in September this year was at 6.46 %.

 


WPI inflation continues to be high thanks to the rise in the prices of food items, fuel and manufactured goods. Food inflation was 18.19% in October from the previous month’s 18.4%. Coorespondingly, the consumer price index (CPI) has  also touched a seven month high at 10.9% . The unprecedented hike in onion prices took the the vegetable inflation to 78.38%. Onion saw a rise of 278.21% in its prices in October while fruits became costlier by 15.94%.

 

 



ARCHIVES -- CURRENT AFFAIRS

Tell Us About gkmine.com

We Listen ...


Fortnightly Contest


... WIN Exciting Prizes ...

item-pointer Coming Soon ...

... Previous Winners ...