Economy

India’s wholesale price inflation further rises to 1.55% in November

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Srinagar, Dec 14: India’jin88bet.ones year-on-year wholesale price inflation rose to 1.55% in November ak168app.babyas compared to 1.48% in October, according to dataak168app.club released by the Government of India on Monday.

The rate of inflation as per the monthly whoks168app.sitelesale price inic88dex (WPI) stood at 1.55% for the November this year as compared to 0.58%ic88 during the same month last year.

However, the food inflation based on WPI Food Inic88dex decreased for the constant second month to 4.27% as compared to 5.78% in October and 7.ic8819% for September year-on-year.

Manufactured products, which have a weightage of more thanlr88 64% in the WPI, reached inflr88lation of 2.97%, highest in last many months, as compared to 2.12% and 1.87% in October and September lr88respectively. The rise in WPI of manufactured goods indicates the strengthening of manufacturing olr88utput.

The primary op88article inflation for November cooled down to 2.74% as compared to 4.74% in October. However, the fuel and power ssi88egment of WPI witnessed negative inflation of 9.87%, with88v a slight increase as compared to minus 11% in October.

The prSEXXXXX-VNovisional WPI figures released are later on revised after 10 weeks.

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