The annual rate of inflation based on all India Wholesale Price Index (WPI) number is(-) 4.12% (provisional) for the month of June, 2023 (over June, 2022) against (-) 3.48% recorded in May, 2023. The decline in the rate of inflation in June, 2023 is primarily due tofall in prices of mineral oils, food products, basic metals, crude petroleum & natural gas andtextiles. The index numbers and inflation rate for the last three months of all commodities and WPI components are given below:
| Index Numbers & Annual Rate of Inflation (Y-o-Y in %)* | |||||||
| All Commodities/Major Groups | Weight (%) | Apr-23 (F) | May-23 (P) | June-23 (P) | |||
| Index | Inflation | Index | Inflation | Index | Inflation | ||
| All Commodities | 100.0 | 151.1 | -0.79 | 149.6 | -3.48 | 149.0 | -4.12 |
| I. Primary Articles | 22.62 | 177.8 | 1.89 | 175.3 | -1.79 | 176.3 | -2.87 |
| II. Fuel & Power | 13.15 | 152.7 | 0.99 | 148.6 | -9.17 | 146.0 | -12.63 |
| III. Manufactured Products | 64.23 | 141.4 | -2.28 | 140.7 | -2.97 | 140.0 | -2.71 |
| Food Index | 24.38 | 174.0 | 0.40 | 172.8 | -1.59 | 175.2 | -1.24 |
