High food, primary articles and manufactured goods’ prices accelerated India’s September wholesale inflation.
Consequently, the annual rate of inflation based on wholesale prices rose to 1.32 per cent in September from 0.16 per cent in August from (-) 0.25 per cent in July.
On a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry has risen by only 0.33 per cent during the corresponding period of the previous year.