Diabytes
WPI data News
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India`s annual rate of inflation based on wholesale prices jumped to 0.58 per cent in November from 0.16 per cent in October.
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The annual inflation, based on monthly wholesale price index (WPI), was at 5.54 per cent in October 2018.
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The index for ‘Food Articles’ group rose by 2.1 percent.
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Inflation in food articles rose by 1.9 percent while that of non-food articles declined by 0.9 percent.
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The previous low level was recorded in July at 1.88 percent.
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Calculated on the basis of Wholesale Price Index (WPI), the inflation was 3.58 percent in December 2017 and 4.26 percent in January 2017.
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Wholesale price index (WPI) based inflation was 3.93 percent in November 2017 and 2.10 percent in December 2016.
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The latest data comes within days of retail inflation, based on Consumer Price Index (CPI), touching a high of 5.21 percent in December.
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Wholesale food prices in October rose 3.23 percent year-on-year, compared with a 1.99 percent rise a month earlier.
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Prices of pulses have continued to remain at an elevated level of 34.45 percent in March, marking a double-digit inflation in lentils since January 2015, though several other essential kitchen staples have shown moderation in rates.
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Inflation dropped to a five and a half year low of - 0.39 per cent in January due to falling oil prices.
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