New Delhi: wholesale price inflation Lowered to an 18-month low in September, relieving price pressure but still remaining in double digits for 18 consecutive months.
Data released by the Ministry of Commerce and Industry on Friday showed inflation, as measured by wholesale price index (WPI), grew 10.7 per cent annually in September, slower than 12.4 per cent in August. inflation The increase in the prices of mineral oils, food articles, crude petroleum and natural gas, chemicals and chemical products, basic metals, electricity, textiles, etc. is mainly contributed by the increase in September compared to the corresponding month of the previous year.
Food inflation eased to a 10-month low of 8.1% in September from 9.9% in August, while core inflation (excluding food and fuel) fell to a 19-month low of 7.0% during the month, led by softening global commodity prices and global economic slowdown,
Data released by the Ministry of Commerce and Industry on Friday showed inflation, as measured by wholesale price index (WPI), grew 10.7 per cent annually in September, slower than 12.4 per cent in August. inflation The increase in the prices of mineral oils, food articles, crude petroleum and natural gas, chemicals and chemical products, basic metals, electricity, textiles, etc. is mainly contributed by the increase in September compared to the corresponding month of the previous year.
Food inflation eased to a 10-month low of 8.1% in September from 9.9% in August, while core inflation (excluding food and fuel) fell to a 19-month low of 7.0% during the month, led by softening global commodity prices and global economic slowdown,