Expensive vegetables, high metal prices push WPI inflation to 1.32%

Together with CPI, it may restrain RBI from taking any further monetary easing measures

The wholesale price index (WPI)-based inflation rate rose for the second month in a row in September to 1.32 per cent, from 0.16 per cent in the previous month, as vegetable prices spiked. 

Inflation in manufactured items also saw some uptick because of the rise in prices of some metals. 

Wholesale prices had remained in a deflationary phase for four months before August.

Though the WPI inflation appears to be smaller when compared with the retail inflation rate of 7.34 per cent in September, the broad trend remains the same in both indices. It was the less weighting of food