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Asian Economic News

India's Wholesale Price Inflation Eases Further

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

India's wholesale price inflation slowed for the third consecutive month in November, data from the Ministry of Commerce & Industry showed Wednesday.

Wholesale prices climbed 3.15 percent year-on-year in November, slower than the 3.39 percent increase seen in October. The expected rate was 3.1 percent.

Prices of primary articles advanced 1.25 percent annually and that of manufactured products grew 3.2 percent. Fuel and power costs rose 7.07 percent.

Official data released on Tuesday showed that inflation, based on consumer price index, eased to 3.63 percent in November from 4.2 percent a month ago.

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