India’s Wholesale Price Inflation Rises To The Highest In Nine Months

Inflation as measured by the wholesale price index rose to 1.55% in November from 1.48% in the previous month.

Pallavi Nahata @PallaviNahata

14 Dec 2020, 02:41 PM IST

People walk past trucks parked in a wholesale market in an aerial photograph taken in Delhi, India, on Friday, Sept. 4, 2020. Photographer: Anindito Mukherjee/Bloomberg

India’s wholesale inflation jumped to the highest since February as prices of manufactured products increased.

Inflation as measured by the wholesale price index rose to 1.55% in November from 1.48% in the previous month, according to data released by the Ministry of Commerce and Industry.

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Inflation Internals

Primary articles inflation stood at 2.72% in November against 4.74% in October.
Prices of food articles stood at 3.94% compared with 6.37% in the previous month.
The index of non-food articles stood at 8.43% against 2.85% last month.
Fuel and power index contracted 9.87% against a fall of 10.95% in October.
Manufactured products inflation rose 2.97% in November compared with an increase of 2.12% in October.