Wholesale Price-based Inflation (#WPI) for October eased to its lowest level since March 2021. Dropping below the double-digit mark for the first time since March of previous year, it eased to 8.39 per cent in October from 10.70 percent in September.
According to the Commerce and Industry Ministry data released today, WPI inflation stood at 19 month low level amid ease in food articles segment which slipped to 8.33 per cent in October. Vegetable prices segment eased to 17.61 percent in the reported period against 39.66 percent in September.
The fuel and power segment eased to 23.17 per cent in October from 32.61 percent in preceding month. The manufactured products segment also eased to 4.42 percent in October from 6.34 percent month ago.
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