Wholesale price inflation eases to 0.33% in September, shows government data
The government will separately release data on consumer inflation at 5.30 pm.
India’s wholesale price inflation stood at 0.33% in September, data released by the government showed on Monday. This was lower than the 1.08% recorded in August, and 5.22% recorded during the corresponding month the previous year.
The wholesale prices of primary articles declined by 0.6% since the same month last year, the data showed. The rate of price rise for the food articles was at 7.47% during the month, while that for non-food articles stood at 2.18%.
“Build up inflation rate in the financial year so far was 1.17% compared to a build up rate of 3.96% in the corresponding period of the previous year,” the Ministry of Commerce and Industry said.
The government will release data on consumer inflation at 5.30 pm, NDTV reported.
Now, follow and debate the day’s most significant stories on Scroll Exchange.