Business Standard

India's wholesale inflation falls to 3.15% in November

According to data on WPI the annual inflation rate was 2.04%in November 2015

food, inflation, grocery

Customers buy grocery at a food superstore

IANS New Delhi

India's annual rate of inflation based on wholesale prices fell to 3.15 per cent for November from 3.39 per cent in October, official data showed on Wednesday.

According to data on the wholesale price index (WPI) released by the Commerce and Industry Ministry, the annual inflation rate was (-)2.04 per cent in November last year.

A day earlier, the Central Statistics Office (CSO) reported that India's annual retail inflation eased last month to 3.63 per cent from 4.20 per cent in October.

"Build up inflation rate in the financial year so far was 4.45 per cent compared to a build up rate of 0.80 per cent in the corresponding period of the previous year," an official statement said.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 14 2016 | 12:14 PM IST

Explore News