SF Prep Notes

WPI inflation at 1.84% (provisional) for September 2024

On 14 October 2024, in India, the Commerce Ministry released WPI data: annual inflation of 1.84% (provisional) for September 2024.

Summary

On 14 October 2024, in India, the Ministry of Commerce and Industry released Wholesale Price Index (WPI, base 2011-12) numbers for September 2024. Annual WPI inflation was 1.84% (provisional) over September 2023, primarily due to an increase in prices of food articles and food products, among others. The month-over-month change in the WPI index for September 2024 was 0.06% over August 2024. Primary Articles (weight 22.62%) rose 0.41% to 195.7.

Key facts

WPI inflation Sep 2024
1.84% (provisional)
Base year
2011-12
M-o-M change
0.06% over Aug 2024
Primary Articles weight
22.62%

Practice MCQs 2 questions

Q1

What was the annual WPI-based inflation rate (provisional) for September 2024, released on 14 October 2024?

Show answer

Correct answer: D — 1.84%

PIB (14 Oct 2024): annual rate of inflation based on all India WPI is 1.84% (Provisional) for September 2024.

Q2 Advanced

What is the base year of the Wholesale Price Index series used for the September 2024 data?

Show answer

Correct answer: A — 2011-12

PIB (14 Oct 2024): Index Numbers of Wholesale Price in India for September 2024 (Base Year: 2011-12).

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