India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 4.43 per cent for the month of May 2018 over same month of last year. The index for apparel increased by 1.2 per cent to 141.0 in May, according to the provisional data released by the Office of the Economic Adviser, Ministry of Commerce and Industry. The official WPI for all commodities (Base: 2011-12 = 100) for the month of May 2018 rose by 0.9 per cent to 117.9 from the previous month’s level of 116.8, the data showed. The index for manufactured products (weight 64.23 per cent) for May 2018 rose by 0.6 per cent to 116.8 from 116.1 for the previous month. The index for ‘Manufacture of Wearing Apparel’ sub-group rose by 1.2 per cent to 141.0 from 139.3 for the previous month due to higher price of woven apparel (except fur apparel) and knitted and crocheted apparel (1 per cent each).

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