Poket News

WPI inflation at 8-month high of 1.48% in Oct on costlier manufactured items

 

  • The wholesale price-based inflation was 1.32% in September and zero per cent in October last year.
  • This is the highest level of Wholesale price index-based (WPI) inflation since February when it was 2.26%.
  • While food article prices softened in October, manufactured items witnessed hardening of prices, according to data released by the Commerce and Industry Ministry on 16 Nov.
  • Food inflation in October stood at 6.37%, as against 8.17% in the previous month.