India’s Sep WPI inflation falls to 10.66% as fuel, power prices rise 24.8%

The wholesale price-based inflation eased to 10.66 per cent in September, helped by moderating food prices even as crude petroleum witnessed a spike.

WPI inflation remained in double-digit for the sixth consecutive month. In August, it was 11.39 per cent. In September 2020, inflation was 1.32 per cent.

The high rate of inflation in September 2021 is primarily due to rise in prices of mineral oils, basic metals, non-food articles, food products, crude petroleum & natural gas, chemicals and chemical products etc. as compared the corresponding month of the previous year, the Commerce and Industry Ministry said in a statement.

Inflation in food articles eased for the fifth straight month, recording (-) 4.69 per cent in September from (-) 1.29 per cent in August, mainly due to easing vegetable prices. Pulses prices continued to spike at 9.42 per cent.