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WPI inflation rises to 4-month high of 2.36% in Oct, food prices surge

Business Standard LogoBusiness Standard8h ago

WPI inflation rises to 4-month high of 2.36% in Oct, food prices surge - Business Standard

Quick Summary:

Wholesale price inflation rose to a 4-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, as per the government data released on Thursday.

The wholesale price index (WPI) based inflation was 1.84 per cent in September 2024.It was (-) 0.26 per cent in October, last year.

As per the data, inflation in food items shot up to 13.54 per cent in October, as against 11.53 per cent in September.This was led by 63.04 per cent inflation in vegetables, as against 48.73 per cent in September.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 14:49:29 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23583197

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 251 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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