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WPI inflation eases to 3-month low of 1.9% in Nov
Hindustan Times Noida
|December 17, 2024
India's wholesale inflation fell to a three-month low of 1.9% in November from 2.4% in October, data from the Union commerce ministry showed on Monday.
NEW DELHI:
The sequential contraction of 0.1% in the Wholesale Price Index (WPI) was also the lowest in three months, though in line with analyst estimates.
A break-up of WPI data shows moderation in food product prices drove the fall. Primary food articles and the overall food group, with 15.3% and 24.4% weightage in the WPI basket respectively, grew 8.6% and 8.9% in November compared to 13.5% and 11.6% in October. Vegetable inflation slowed to 28.6% from 63%.
Denne historien er fra December 17, 2024-utgaven av Hindustan Times Noida.
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