News Karnataka
Friday, December 01 2023

WPI inflation eases in Sep as food prices prices fall

WPI inflation eases in Sep as food prices prices fall
Photo Credit : IANS

New Delhi: India’s wholesale price index (WPI) based inflation remained in negative zone as it eased to (-) 0.26 per cent in September against (-) 0.52 per cent recorded the previous month, according to data released by the Union Finance Ministry on Monday.

The deflation was primarily due to fall in prices of chemical & chemical products, mineral oils, textiles, basic metals and food products as compared to the corresponding month of previous year.

The WPI inflation has remained in the deflationary zone for the sixth month in a row in September, the data revealed.

In March this year, WPI inflation had fallen to a 29-month low of 1.34 per cent owing to steep fall in indexes of primary articles, manufactured products, fuel and power as well as food.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Editor's Pick

Find the best odds at 10Cric and IPL Betting 2023! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp