Wholesale Price Inflation for Jun 2014 falls to 5.43%, But the Monsoon Can Hurt

Comments Off Written on July 14th, 2014 by
Categories: Inflation

Wholesale Price Inflation for June 2014 came in at 5.43%, lower than the May’s 6.01%.  However, April’s low number of 5.2% was revised up to 5.55%.

image

Component-wise, primary articles (mostly food) has reduced to 6.84%. Fuel inflation remains high (due to diesel price hikes).

image

The interesting thing is that Manufactured Goods (which is 65% of the index) is going up and even though it’s at only 3.75%, the index is going up.

This number is low, but obviously the monsoon can change everything. We’re still 43% deficient.

Related Posts Plugin for WordPress, Blogger...
About the Author:
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company. Deepak also provides data research and consulting services, and now lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.