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India Wholesale Prices Flat In October; Less Than Forecast

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

India's wholesale price inflation slowed more-than-expected in October, data from the Ministry of Commerce and Industry revealed Monday.

Annual wholesale price inflation eased to 0 percent in November from 1.77 percent in October. Prices were forecast to rise 1.08 percent.

Cost of food articles rose 0.63 percent in November while non-food articles cost dropped 3.65 percent.

Price of manufactured products gained 2.04 percent in November.

Build up inflation rate in the financial year so far was 0.67 percent compared to a build up rate of 6.70 percent in the corresponding period of the previous year.

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