Economic Buzz: Wholesale Price Index Slips To 8.39% In October

14 Nov 2022 , 01:07 PM

The Wholesale Price Index (WPI) slipped to a 19-month low of 8.39 percent in October, data released by the commerce ministry showed on November 14. The fuel and power inflation fell nearly a third to 23.17 percent from 32.61 percent in September, while prices for manufactured products declined to 4.42 percent from 6.34 percent. The food prices dipped to 6.48 percent from 8.08 percent. The all-commodity index of the WPI edged up by 0.3 percent on a month-on-month basis in October after posting sequential falls in July, August and September.Powered by Commodity Insights