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India's Oct wholesale price inflation rises to over 12%
TIWN
TIWN
PHOTO : TIWN
New Delhi, Nov 16 (TIWN) Higher prices of primary goods, food items and costly transport fuel stiffened India's October wholesale inflation on both sequential and year-on-year basis.
Accordingly, the annual rate of inflation, based on wholesale prices, rose to 12.54 per cent last month from 10.66 per cent in September. Similarly, on a YoY basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry has risen exponentially over October 2021, when it stood at 1.31 per cent.
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