WPI inflation drops to 2.36% in October 2024, meals costs ease in November

The Wholesale Worth Index (WPI) based mostly inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, final 12 months.

As per the info, inflation in meals objects eased to eight.63 per cent in November, as in opposition to 13.54 per cent in October. The decline was led by a dip in vegetable inflation which stood at 28.57 per cent, as in opposition to 63.04 per cent in October.

Inflation in potato, nonetheless, continued to be excessive at 82.79 per cent, whereas in onion it fell sharply to 2.85 per cent in November.

The gas and energy class witnessed a deflation of 5.83 per cent in November, in opposition to a deflation of 5.79 per cent in October. In manufactured objects, inflation was 2 per cent in November, in opposition to 1.50 per cent in October.