Powered by: Motilal Oswal
14/10/2022 11:51:11 AM | Source: investmentguruindia
Wholesale inflation falls to 18-month low in September to 10.7%
News By Tags | #248 #139 #597 #2118
Wholesale inflation falls to 18-month low in September to 10.7%

 India's wholesale price index or WPI-based inflation slid to an 18-month low of 10.7 per cent in September from 12.41 per cent in August, mainly due to easing food index and manufactured products prices, official data revealed on Friday.

In September 2021, it had stood at 11.80 per cent.

According to the data released by the Commerce Ministry, wholesale food inflation fell to 8.08 per cent in September from 9.93 per cent in August.

Inflation for manufactured products slid to 6.34 per cent in September from 7.51 per cent in August.

At the same time though, inflation in vegetables rose to 39.66 per cent in September against 22.29 per cent in August.

Fuel inflation however eased to 32.61 per cent in September against 33.67 per cent in August.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here