The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The annual rate of inflation for the month of April 2021 was 10.49%. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed as 2011-12.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The inflation rate is high in the month mainly because of the price rise in crude petroleum which in turn increased the prices of petrol and diesel in the country. Also, the price rise is due to an increase in the cost of manufactured foods. The annual rate of inflation in April 2021 is high primarily because of rising in prices of crude petroleum, mineral oils viz petrol, diesel, etc, and manufactured products as compared to the corresponding month of the previous year.
WPI Food Index
The WPI Food index consists of food products from the manufactured products group and food articles from the primary articles group. The WPI Food Index increased from 153.4 in March 2021 to 158.9 in April 2021. The increase rate in April is 7.58% and that of March is 5.28%.
The first Mahatma Gandhi bust in Montana has been unveiled at the University of Montana…
Ahead of International Women’s Day which is on March 8, 2026.UN Women has revealed that…
Eminent journalist and former diplomat H K Dua passed away on March 4 2026, at…
New Zealand opener Finn Allen smashed the fastest T20 World Cup hundred. Ton came during…
The International Day for Disarmament and Non-Proliferation Awareness is observed every year on March 5.…
National Panchayati Raj Day 2026 will be observed across India on 24 April 2026. The…