login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Indias WPI Inflation Rises to 4-Month High of 2.36% in October

14 Nov 2024 1:11 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

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)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Indian Subcontinent Poised for Above-Normal Rainfall as...
Kharif Crop Sowing Up 2% YoY, Driven by Improved Monsoo...
India Maintains Eighth Spot in Global Agricultural Expo...
La Nia Expected to Emerge After August: Australian Met ...
IMD Forecast Excess Rainfall in July as El Nio Retreats...
more
Top 5 News
Malaysian CPO Futures Surge on Lower Stock Projections
CBOT Soy Oil Futures Slide on Favorable South American ...
MCX Cotton Stock Position Location Wise - 04 Dec 2024
NCDEX Stock position of commodities at NCCL approved wa...
Sugar Prices Remain Volatile Amid Mixed Global Supply a...
Top 5 Special Reports
Weekly: Sugar Prices Decline Amid Weaker Brazilian Real...
Weekly: ICE Cotton Futures Log Second Weekly Gain on St...
EDIBLE OILS PORT STOCK AS ON : 29 Nov 2024
U.S. Cotton Sales Surge for 2024/2025 Marketing Year, L...
U.S. Soybean Export Sales Reach Marketing-Year High Ami...
Copyright © CC Commodity Info Services LLP. All rights reserved.