New Delhi: Wholesale prices based inflation rose to 0.58 per cent in November, as against 0.16 per cent in October due to increase in prices of food articles.
Also Read: Amitabh Kant- India's story has just begun
The annual inflation, based on monthly wholesale price index (WPI), was at 4.47 per cent during the same month a year ago (November 2018).
Govt of India: The official Wholesale Price Index for 'All Commodities' (Base: 2011-12=100) for the month of November, 2019 rose by 0.10% to 122.3 (provisional) from 122.2 (provisional) for the previous month. pic.twitter.com/Zfy63A3ERu
— ANI (@ANI) December 16, 2019
The rate of price rise for food articles rose to 11 per cent during the month as against 9.80 a month earlier, while for non-food articles it eased 1.93 per cent from 2.35 per cent in October, showed the data released by the Ministry of Commerce and Industry on Monday.
Also Read: Economic reforms showing impact, says govt giving a recap of steps taken
For manufactured products, the wholesale inflation remained static (-)0.84 per cent during the month under review.
The consumer price index based retail inflation, as per data released last week, spiked to over a 3-year high of 5.54 per cent in November due to costlier food products like vegetables, pulses and protein-rich it. (PTI)
