India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 5.77 per cent for the month of June 2018 over same month of last year. The index for apparel decreased by 1.3 per cent to 139.2 in June, according to the provisional data released by the Office of the Economic Adviser, Ministry of Commerce and Industry. The official WPI for all commodities (Base: 2011-12 = 100) for the month of June 2018 rose by 1.1 per cent to 119.2 from the previous month’s level of 117.9, the data showed. The index for manufactured products (weight 64.23 per cent) for June 2018 rose by 0.4 per cent to 117.3 from 116.8 for the previous month. The index for ‘Manufacture of Wearing Apparel’ sub-group declined by 1.3 per cent to 139.2 from 141.0 for the previous month due to lower price of woven apparel, except fur apparel (2 per cent).

Share