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    <title>WPI maintains the declining trend; falls to -3.48% in May, 2023</title>
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    <description>WPI recorded a provisional year on year decline of 3.48% in May 2023 and a month on month fall of 0.86%. The drop was led by lower prices in mineral oils, basic metals, food products, textiles, non food articles, crude petroleum &amp; natural gas, and chemical products. Major groups registered year on year declines: Primary Articles -1.79%, Fuel &amp; Power -9.17%, and Manufactured Products -2.97%. The WPI Food Index fell to a negative year on year rate of -1.59%. Provisional figures for May were compiled at an 89.8% weighted response rate and remain subject to revision.</description>
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    <pubDate>Wed, 14 Jun 2023 12:20:19 +0530</pubDate>
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      <title>WPI maintains the declining trend; falls to -3.48% in May, 2023</title>
      <link>https://www.taxtmi.com/news?id=26592</link>
      <description>WPI recorded a provisional year on year decline of 3.48% in May 2023 and a month on month fall of 0.86%. The drop was led by lower prices in mineral oils, basic metals, food products, textiles, non food articles, crude petroleum &amp; natural gas, and chemical products. Major groups registered year on year declines: Primary Articles -1.79%, Fuel &amp; Power -9.17%, and Manufactured Products -2.97%. The WPI Food Index fell to a negative year on year rate of -1.59%. Provisional figures for May were compiled at an 89.8% weighted response rate and remain subject to revision.</description>
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      <pubDate>Wed, 14 Jun 2023 12:20:19 +0530</pubDate>
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