{"id":18389,"date":"2024-06-14T08:51:12","date_gmt":"2024-06-14T08:51:12","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=18389"},"modified":"2024-06-14T08:51:12","modified_gmt":"2024-06-14T08:51:12","slug":"wholesale-inflation-rises-for-third-straight-month-in-may-at-2-61-pc-food-items-costlier","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/wholesale-inflation-rises-for-third-straight-month-in-may-at-2-61-pc-food-items-costlier\/","title":{"rendered":"Wholesale Inflation Rises For Third Straight Month In May At 2.61 Pc, Food Items Costlier"},"content":{"rendered":"

New Delhi, Jun 14: The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items.The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May 2023.
\n\u201cPositive rate of inflation in May, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc,\u201d the Ministry of Commerce & Industry said in a statement on Friday.
\nAs per the data, inflation in food articles rose 9.82 per cent in May, as against 7.74 per cent in April.
\nInflation in vegetables was 32.42 per cent in May, up from 23.60 per cent in the previous month. Onion inflation was at 58.05 per cent, while potato was 64.05 per cent. Pulses inflation rose 21.95 per cent in May.
\nIn the fuel and power basket, inflation stood at 1.35 per cent, marginally lower than 1.38 per cent in April.
\nIn manufactured products, inflation was at 0.78 per cent, higher than (-) 0.42 per cent in April.
\nThe rise in May WPI is in contrast to the retail inflation data for the month. The Reserve Bank of India (RBI) mainly takes into account retail inflation while framing monetary policy.
\nRetail inflation eased to 1 year low of 4.75 per cent in May, data released earlier this week showed.
\nThe RBI earlier this month kept the interest rate unchanged for the eighth time in a row.<\/p>\n

\"Wholesale
Wholesale Inflation Rises For Third Straight Month In May At 2.61 Pc, Food Items Costlier<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

New Delhi, Jun 14: The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items.The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May […]<\/p>\n","protected":false},"author":2,"featured_media":18390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[67,89],"tags":[],"class_list":["post-18389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-header","category-national"],"gutentor_comment":0,"yoast_head":"\nWholesale Inflation Rises For 3rd Straight Month In May At 2.61 Pc<\/title>\n<meta name=\"description\" content=\"The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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