Index Numbers of Wholesale Price in India for the Month of November, 2024 (Base Year: 2011-12)
Index Numbers of Wholesale Price in India for the Month of November, 2024 (Base Year: 2011-12)
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 1.89% (Provisional) for the month of November, 2024 (over November, 2023). Positive rate of inflation in November, 2024 is primarily due to increase in prices of food articles, food products, other manufacturing, textiles, machinery & equipment, etc. The index numbers and inflation rates for the last three months of all commodities and WPI components are given below:
Index Numbers and Annual Rate of Inflation (Y-o-Y in %)*
All Commodities/
Major Groups
Weight (%)
September-24
October-24 (P)
November-24 (P)
Index
Inflation
Index
Inflation
Index
Inflation
All Commodities
100.00
154.7
1.91
156.1
2.36
156.0
1.89
I. Primary Articles
22.62
195.5
6.48
200.3
8.09
197.9
5.49
II. Fuel & Power
13.15
147.2
-3.85
146.5
-5.79
147.1
-5.83
III. Manufactured Products
64.23
141.9
1.07
142.5
1.50
143.0
2.00
Food Index
24.38
195.9
9.81
201.2
11.59
200.3
8.92
Note: P: Provisional, *Annual rate of WPI inflation calculated over the corresponding month of previous year
2. The month over month change in WPI for the month of November, 2024 stood at (-) 0.06 % as compared to October, 2024. The monthly change in WPI for last six-month is summarized below:
Month Over Month (M-o-M in %) change in WPI Index#
All Commodities/Major Groups
Weight
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24 (P)
Nov-24 (P)
All Commodities
100.00
0.33
0.84
-0.58
0.19
0.90
-0.06
I. Primary Articles
22.62
2.23
2.86
-1.37
0.21
2.46
-1.20
II. Fuel & Power
13.15
-2.13
0.88
0.07
-0.74
-0.48
0.41
III. Manufactured Products
64.23
0.00
-0.21
-0.28
0.42
0.42
0.35
Food Index
24.38
2.36
2.52
-1.23
1.45
2.71
-0.45
Note: P: Provisional, #Monthly rate of change, based on month over month (M-o-M) WPI calculated over the preceding month
3. Month-over-Month Change in Major Groups of WPI:
4. WPI Food Index (Weight 24.38%): The Food Index consisting of ‘food articles’ from primary articles group and ‘food product’ from manufactured products group decreased from 201.2 in October, 2024 to 200.3 in November, 2024. The rate of inflation based on WPI Food Index decreased from 11.59% in October, 2024 to 8.92% in November, 2024.
5. Final Index for the month of September, 2024 (Base Year: 2011-12=100): For the month of September, 2024 the final Wholesale Price Index and inflation rate for ‘All Commodities’ (Base: 2011-12=100) stood at 154.7 and 1.91% respectively. The details of all India Wholesale Price Indices and Rates of Inflation for different commodity groups based on updated figures are at Annex I. The Annual rate of Inflation (Y-o-Y) based on WPI for different commodity groups in the last six months is at Annex II. WPI for different commodity groups in the last six months is at Annex III.
6. Response Rate: The WPI for November, 2024 has been compiled at a weighted response rate of 89.2 per cent, while the final figure for September, 2024 is based on the weighted response rate of 90 per cent. The provisional figures of WPI will undergo revision as per the revision policy of WPI. This press release, item indices, and inflation numbers are available at home page http://eaindustry.nic.in .
7. Next date of Press Release: WPI for the month of December, 2024 would be released on 14/01/2025.
Note: DPIIT releases index number of wholesale price in India on monthly basis on 14th of every month (or next working day, if 14th falls on holiday) with a time lag of two weeks of the reference month, and the index number is compiled with the data received from institutional sources and selected manufacturing units across the country. This press release contains WPI (Base Year 2011-12=100) for the month of November 2024 (Provisional), September, 2024 (Final) and other months/years. Provisional figures of WPI are finalised after 10 weeks (from the month of reference), and frozen thereafter.
Annex-I
All India Wholesale Price Indices and Rates of Inflation (Base Year: 2011-12=100) for November, 2024
Commodities/Major Groups/Groups/Sub-Groups/Items
Weight
Index
November-24*
Month over Month (MoM)
Cumulative Inflation (YoY)
Rate of Inflation (YoY)
Nov-23
Nov-24*
Apr-Nov 2023-24
Apr-Nov 2024-25*
Nov-23
Nov-24*
ALL COMMODITIES
100.00
156.0
0.39
-0.06
-1.29
2.11
0.39
1.89
I. PRIMARY ARTICLES
22.62
197.9
1.24
-1.20
2.95
5.90
5.16
5.49
A. Food Articles
15.26
214.0
2.60
-1.83
6.13
8.56
8.84
8.63
Cereals
2.82
211.2
1.24
1.15
7.42
8.59
7.22
7.81
Paddy
1.43
205.9
0.63
0.73
8.68
9.93
10.44
7.58
Wheat
1.03
214.1
1.86
2.15
5.82
7.10
2.70
8.35
Pulses
0.64
230.8
1.49
-2.00
12.64
15.62
22.09
5.97
Vegetables
1.87
332.6
16.74
-7.94
4.54
21.85
11.13
28.57
Potato
0.28
384.4
0.29
2.56
-23.98
75.38
-27.36
82.79
Onion
0.16
504.5
42.84
5.50
36.77
50.78
109.44
2.85
Fruits
1.60
203.7
1.40
-3.18
-1.36
10.00
8.42
8.41
Milk
4.44
185.3
0.72
-0.16
8.38
3.59
8.49
2.09
Eggs, Meat & Fish
2.40
173.1
-2.39
1.23
1.78
-0.29
0.60
3.16
B. Non-Food Articles
4.12
162.2
-0.18
0.56
-5.66
-2.19
-2.96
-0.98
Oil Seeds
1.12
185.9
1.76
0.22
-10.42
-2.76
-7.36
0.49
C. Minerals
0.83
228.5
-1.78
2.10
8.01
5.01
8.72
5.89
D. Crude Petroleum & Natural gas
2.41
146.1
-4.79
-0.41
-5.90
-0.01
-7.13
-8.11
Crude Petroleum
1.95
124.3
-6.52
-0.88
-14.07
-0.52
-9.84
-7.72
II. FUEL & POWER
13.15
147.1
0.45
0.41
-6.22
-1.75
-4.05
-5.83
LPG
0.64
123.6
3.94
3.17
-15.33
3.47
5.57
1.81
Petrol
1.60
148.7
-1.36
-0.80
-4.77
-3.49
0.69
-6.83
HSD
3.10
164.4
-0.46
0.12
-12.39
-3.35
-13.07
-5.68
III. MANUFACTURED PRODUCTS
64.23
143.0
-0.14
0.35
-2.02
1.19
-0.78
2.00
Mf/o Food Products
9.12
177.3
0.75
2.31
-3.91
5.19
-1.58
9.44
Vegetable & Animal Oils & Fats
2.64
182.0
0.57
7.12
-23.26
7.40
-18.60
27.99
Mf/o Beverages
0.91
134.9
0.00
0.30
2.10
2.06
2.01
2.43
Mf/o Tobacco Products
0.51
177.4
0.52
0.74
5.18
1.94
6.77
1.37
Mf/o Textiles
4.88
135.9
-0.37
0.00
-7.26
0.83
-3.59
1.27
Mf/o Wearing Apparel
0.81
153.8
-0.39
-0.06
1.54
1.64
0.93
1.59
Mf/o Leather and Related Products
0.54
125.7
0.00
0.40
1.56
0.27
1.31
1.37
Mf/o Wood and of Products of Wood and Cork
0.77
148.4
0.41
-0.34
1.61
2.45
3.29
0.47
Mf/o Paper and Paper Products
1.11
139.0
-0.07
-0.64
-8.28
-1.70
-8.28
0.43
Mf/o Chemicals and Chemical Products
6.47
136.1
-0.44
-0.15
-6.18
-0.93
-6.34
0.07
Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products
1.99
144.1
-0.35
0.42
1.66
1.05
0.64
1.19
Mf/o Rubber and Plastics Products
2.30
128.6
-0.31
-0.46
-2.22
1.05
-1.01
1.42
Mf/o other Non-Metallic Mineral Products
3.20
130.6
-0.74
0.38
1.38
-3.03
0.22
-2.97
Cement, Lime and Plaster
1.64
128.6
-0.94
0.23
0.72
-5.68
0.15
-6.47
Mf/o Basic Metals
9.65
138.6
-1.41
-0.29
-5.54
-1.11
-2.09
-1.14
Mild Steel – Semi Finished Steel
1.27
117.7
-1.42
2.53
-5.48
-2.90
-3.98
-0.51
Mf/o Fabricated Metal Products, except Machinery and Equipment
3.15
135.3
0.29
0.00
-0.01
-2.25
1.09
-2.87
Note: * = Provisional. Mf/o = Manufacture of
Annex-II
Commodities/Major Groups/Groups/Sub-Groups/Items
Weight
WPI based inflation (YoY) figures for last 6 months
June-24
July-24
August-24
Sep-24
Oct-24*
Nov-24*
ALL COMMODITIES
100.00
3.43
2.10
1.25
1.91
2.36
1.89
I. PRIMARY ARTICLES
22.62
9.20
3.18
2.52
6.48
8.09
5.49
A. Food Articles
15.26
11.14
3.50
3.06
11.48
13.54
8.63
Cereals
2.82
9.21
8.96
8.66
8.50
7.91
7.81
Paddy
1.43
11.90
10.98
9.60
8.77
7.47
7.58
Wheat
1.03
6.25
7.00
7.38
7.71
8.04
8.35
Pulses
0.64
21.64
20.27
18.27
12.94
9.74
5.97
Vegetables
1.87
39.06
-8.59
-9.95
48.97
63.04
28.57
Potato
0.28
68.23
79.71
77.78
77.29
78.73
82.79
Onion
0.16
93.35
88.77
67.25
81.43
39.25
2.85
Fruits
1.60
10.14
15.62
16.75
12.17
13.55
8.41
Milk
4.44
4.04
4.55
3.51
2.94
3.00
2.09
Eggs, Meat & Fish
2.40
-3.06
-1.59
-0.75
-0.92
-0.52
3.16
B. Non-Food Articles
4.12
-1.01
-1.85
-1.84
-1.46
-1.71
-0.98
Oil Seeds
1.12
-3.33
-4.05
-4.90
-0.49
2.04
0.49
C. Minerals
0.83
10.70
5.20
10.75
1.04
1.87
5.89
D. Crude Petroleum & Natural gas
2.41
12.55
9.12
1.77
-13.04
-12.16
-8.11
Crude Petroleum
1.95
14.04
9.19
-0.98
-16.78
-12.98
-7.72
II. FUEL & POWER
13.15
0.48
1.93
-0.54
-3.85
-5.79
-5.83
LPG
0.64
1.49
6.06
14.40
13.18
2.57
1.81
Petrol
1.60
-1.35
-0.64
-4.23
-7.10
-7.35
-6.83
HSD
3.10
-1.78
-1.65
-3.03
-5.33
-6.23
-5.68
III. MANUFACTURED PRODUCTS
64.23
1.50
1.58
1.00
1.07
1.50
2.00
Mf/o Food Products
9.12
4.47
3.88
3.54
6.61
7.77
9.44
Vegetable & Animal Oils and Fats
2.64
2.34
1.08
2.03
14.09
20.16
27.99
Mf/o Beverages
0.91
2.07
2.06
1.98
2.28
2.13
2.43
Mf/o Tobacco Products
0.51
1.44
2.02
1.97
2.13
1.15
1.37
Mf/o Textiles
4.88
1.19
2.17
1.34
1.12
0.89
1.27
Mf/o Wearing Apparel
0.81
1.74
1.33
1.53
1.99
1.25
1.59
Mf/o Leather and Related Products
0.54
-0.08
-1.03
-0.48
0.89
0.97
1.37
Mf/o Wood and of Products of Wood and Cork
0.77
2.96
3.46
3.17
1.43
1.22
0.47
Mf/o Paper and Paper Products
1.11
-3.62
-0.72
0.58
1.01
1.01
0.43
Mf/o Chemicals and Chemical Products
6.47
-1.09
0.07
0.29
0.15
-0.22
0.07
Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products
1.99
0.42
2.05
2.12
0.98
0.42
1.19
Mf/o Rubber and Plastics Products
2.30
1.34
1.65
1.57
0.55
1.57
1.42
Mf/o other Non-Metallic Mineral Products
3.20
-2.97
-3.42
-3.85
-3.26
-4.06
-2.97
Cement, Lime and Plaster
1.64
-5.17
-6.33
-7.13
-6.19
-7.56
-6.47
Mf/o Basic Metals
9.65
1.20
0.64
-1.64
-3.71
-2.25
-1.14
Mild Steel – Semi Finished Steel
1.27
-0.08
-2.86
-5.22
-6.24
-4.33
-0.51
Mf/o Fabricated Metal Products, except Machinery and Equipment
3.15
-2.30
-1.45
-1.66
-2.22
-2.59
-2.87
Note: * = Provisional. Mf/o = Manufacture of
Annex-III
Commodities/Major Groups/Groups/Sub-Groups/Items
Weight
WPI Numbers for last 6 months
June-24
July-24
August-24
Sep-24
Oct-24*
Nov-24*
ALL COMMODITIES
100.00
154.0
155.3
154.4
154.7
156.1
156.0
I. PRIMARY ARTICLES
22.62
192.3
197.8
195.1
195.5
200.3
197.9
A. Food Articles
15.26
205.5
213.1
209.0
210.8
218.0
214.0
Cereals
2.82
201.5
203.0
204.6
206.8
208.8
211.2
Paddy
1.43
199.4
201.1
202.0
203.4
204.4
205.9
Wheat
1.03
199.0
200.2
202.2
205.4
209.6
214.1
Pulses
0.64
229.3
230.8
233.7
237.4
235.5
230.8
Vegetables
1.87
283.4
347.0
303.3
310.9
361.3
332.6
Potato
0.28
343.7
397.7
393.6
376.2
374.8
384.4
Onion
0.16
279.2
347.9
391.2
493.3
478.2
504.5
Fruits
1.60
200.9
196.2
207.7
209.3
210.4
203.7
Milk
4.44
185.5
186.0
185.9
185.3
185.6
185.3
Eggs, Meat & Fish
2.40
174.5
173.7
173.1
172.6
171.0
173.1
B. Non-Food Articles
4.12
157.3
158.9
160.2
162.2
161.3
162.2
Oil Seeds
1.12
180.0
180.2
178.6
184.6
185.5
185.9
C. Minerals
0.83
229.6
226.6
227.6
223.2
223.8
228.5
D. Crude Petroleum & Natural gas
2.41
156.0
157.9
155.0
146.1
146.7
146.1
Crude Petroleum
1.95
133.2
136.6
131.6
123.5
125.4
124.3
II. FUEL & POWER
13.15
146.9
148.2
148.3
147.2
146.5
147.1
LPG
0.64
115.7
113.8
114.4
116.8
119.8
123.6
Petrol
1.60
153.8
155.0
153.9
151.7
149.9
148.7
HSD
3.10
166.0
167.4
166.7
165.1
164.2
164.4
III. MANUFACTURED PRODUCTS
64.23
142.0
141.7
141.3
141.9
142.5
143.0
Mf/o Food Products
9.12
165.9
166.1
166.5
171.0
173.3
177.3
Vegetable & Animal Oils and Fats
2.64
148.4
149.3
150.5
162.8
169.9
182.0
Mf/o Beverages
0.91
133.4
133.5
134.0
134.3
134.5
134.9
Mf/o Tobacco Products
0.51
176.2
176.7
176.0
177.5
176.1
177.4
Mf/o Textiles
4.88
136.4
136.8
135.9
135.8
135.9
135.9
Mf/o Wearing Apparel
0.81
152.3
152.2
152.9
153.6
153.9
153.8
Mf/o Leather and Related Products
0.54
124.6
124.4
124.9
125.0
125.2
125.7
Mf/o Wood and of Products of Wood and Cork
0.77
149.5
149.4
149.5
148.6
148.9
148.4
Mf/o Paper and Paper Products
1.11
138.4
138.5
139.8
139.8
139.9
139.0
Mf/o Chemicals and Chemical Products
6.47
136.4
136.7
136.7
136.5
136.3
136.1
Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products
1.99
144.0
144.7
144.8
144.1
143.5
144.1
Mf/o Rubber and Plastics Products
2.30
128.8
129.1
129.1
128.7
129.2
128.6
Mf/o other Non-Metallic Mineral Products
3.20
130.7
130.0
129.8
130.6
130.1
130.6
Cement, Lime and Plaster
1.64
130.3
128.7
127.7
128.9
128.3
128.6
Mf/o Basic Metals
9.65
143.3
140.8
138.3
137.7
139.0
138.6
Mild Steel – Semi Finished Steel
1.27
121.7
118.7
114.4
114.1
114.8
117.7
Mf/o Fabricated Metal Products, except Machinery and Equipment
3.15
136.1
136.3
136.6
136.3
135.3
135.3
Note: * = Provisional. Mf/o = Manufacture of
- Primary Articles (Weight 22.62%): – The index for this major group decreased by 1.20% to 197.9 (provisional) in November, 2024 from 200.3 (provisional) for the month of October, 2024. Prices of food articles (-1.83%) and crude petroleum & natural gas (-0.41%) decreased in November, 2024 as compared to October, 2024. Price of minerals (2.10%) and non-food articles (0.56%) increased in November, 2024 as compared to October, 2024.