WPI at five-month high of 12.54% in October

WPI at five-month high of 12.54% in October

ministry of commerce and industry released its data on Wholesale Price Index (WPI). According to ministry data, the provisional Wholesale Price Index (WPI) based inflation has hit a five-month high. 12.54% In October 2021 as against 66% Recorded in September. This increase was attributed to increase in fuel and manufacturing prices. The report said the benchmark inflation print has remained in double digits for seven consecutive months.

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benchmark inflation print

The benchmark inflation print for October 2020 was 1.31%. high rate of inflation in October 2021 This is due to increase in prices of mineral oils, base metals, crude petroleum and natural gas, food products, chemicals and chemical products etc. as compared to corresponding month of last year.

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The Wholesale Price Index in October rose to a five-month high of 12.54%_60.1.  Feather

The Wholesale Price Index in October rose to a five-month high of 12.54%_70.1.  Feather

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