WPI inflation at a four-month high of 2.36% in October
The annual rate of inflation based on all India Wholesale Price Index (WPI) inched to a four-month high of 2.36% (Provisional) for October 2024 over the last year.
The annual rate of inflation based on all India Wholesale Price Index (WPI) inched to a four-month high of 2.36% (Provisional) for October 2024 over the last year.
The market outlook for next week will be guided by key macroeconomic data and the last round of Q2 earnings.
The month over month change in WPI index for September 2024 stood at 0.06% as compared to August 2024.
The softening of wholesale price index (WPI) inflation in August on the back of decline in prices of food articles, especially vegetables and milk is encouraging
The wholesale price index (WPI)-based inflation in August cooled to a four-month low of 1.31 per cent.
The WPI inflation has remained in the deflationary zone for the sixth month in a row in September, the data revealed.
India's wholesale inflation declined further during the month of August to 12.41 per cent from 13.93 per cent the previous month but continues to remain in double digits, official data released on Wednesday showed.
The WPI inflation was 7.39 per cent in March 2021, and (-) 1.57 per cent in April 2020.
The WPI inflation rose for the second consecutive month in February to 4.17 per cent from a rise of 2.03 per cent in January.
The inflation based on Wholesale Price Index (WPI) was 1.55 per cent in November 2020.
