Mumbai, 14 Nov (Commoditiescontrol): India’s Wholesale Price Index (WPI) inflation rose to a four-month high in October, reaching 2.36%, up from 1.84% in September. This increase was driven primarily by a surge in food inflation and the cost of primary articles, even as fuel and power prices declined.
The food inflation rate sharply climbed to 11.59% in October, a significant rise from September’s 9.47%. Primary articles saw an inflation rate of 8.09%, up from 6.59% the previous month.
Meanwhile, the fuel and power category continued its downward trend, with inflation at -5.79% compared to -4.05% in September. Manufactured products recorded a slight increase in inflation, moving to 1.50% in October from 1% in September.
This latest WPI inflation data highlights continued inflationary pressures in food and primary commodities, while the decline in fuel prices provides some offset. The October inflation rate is the highest recorded since June, indicating persistent cost pressures across key sectors.
(By Commoditiescontrol Bureau; +91-9820130172)
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