The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade under the Ministry of Commerce & Industry has released index numbers of Wholesale Price in India for the month of April, 2021 (Provisional) and for the month of February, 2021 (Final) in this press release.
- In April, 2021 (over April, 2020), the annual rate of inflation (YoY), based on monthly WPI, stood at 10.49 per cent (Provisional).
- The annual rate of inflation in April 2021 is high primarily because of rise in prices of crude petroleum, mineral oils viz petrol, diesel etc, and manufactured products as compared to the corresponding month of the previous year.
The wholesale price index (WPI) grew 7.39 per cent during the month of March, while the WPI for February was revised to 4.83 per cent from 4.17 per cent, the data showed.
