Wpi In Jan 2024. Based on the early data, the average wholesale prices of most food items, barring cereals and milk, have softened. Bet november 2023 and december 2023, the wpi inflation had surged sharply from 0.26% to 0.73%.

The annual rate of inflation based on all india wholesale price index (wpi) number is 3.36% (provisional) for the month of june, 2024 (over june, 2023). Wpi captures the average movement of wholesale prices of goods and is primarily used as a gdp deflator.