Wholesale inflation at 4-month high of 2.4% in October

Quick Summary:

India's wholesale price inflation surged to a four-month high of 2.4% in October, driven by a sharp rise in food prices, particularly vegetables.

Vegetable prices witnessed a significant year-on-year increase of 63%, while potato prices skyrocketed by 78.7%.

This surge in food inflation poses a challenge for policymakers tackling persistent price pressures.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: Wholesale price index Onion price Wholesale inflation Vegetable prices Food prices Manufactured food products Food inflation Potato price increase

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 03:18:43 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23592179

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

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Year Established: 1838

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