The Department for Promotion of Industry and Internal Trade through press release dated August 16th, 2021 has released the numbers of wholesale price in India (Base Year: 2011-12) for the month of July, 2021 (Provisional) and for the month of May, 2021.
The annual rate of inflation is 11.16% (Provisional) for the month of July, 2021 (over July, 2020) as compared to
(-0.25%) in July, 2020. The high rate of inflation in July 2021 is primarily due to low base effect and rise in prices of
crude petroleum & natural gas; mineral oils; manufactured products like basic metals; food products; textiles; chemicals
and chemical products etc as compared the corresponding month of the previous year.
Index Numbers of WPI for the month of August, 2021 would be released on 14/09/2021.
