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

9

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

Open Demat Account at AngelBroking.co
Open Demat Account at AngelBroking.co
Open Demat Account at AngelBroking.co
Open Demat Account at AngelBroking.co

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...