Cheaper food drives WPI inflation to 3-month low
Hindustan Times East UP|December 17, 2024
NEW DELHI: Wholesale price based inflation declined to a 3-month low of 1.89% in November on cheaper food items, and experts predicted a 0.25% interest rate cut by the RBI in the policy review in February.
Press Trust of India
Cheaper food drives WPI inflation to 3-month low

The Wholesale Price Index (WPI) based inflation was 2.36% in October 2024. It was 0.39% in November, last year. In August, 2024, it was 1.25%.

As per the data, inflation in food items eased to 8.63% in November, as against 13.54% in October. The decline was led by a dip in vegetable inflation which stood at 28.57%, as against 63.04% in October.

Inflation in potato, however, continued to be high at 82.79%, while in onion it fell sharply to 2.85% in November.

The fuel and power category witnessed a deflation of 5.83% in November, against a deflation of 5.79% in October. In manufactured items, inflation was 2% in November, against 1.50% in October.

هذه القصة مأخوذة من طبعة December 17, 2024 من Hindustan Times East UP.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 17, 2024 من Hindustan Times East UP.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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