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WPI inflation at 8-month high of 1.48% in October on costlier manufactured items

The WPI inflation was 1.32 percent in September and 0 percent in October last year.

November 16, 2020 / 13:19 IST
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The wholesale price-based inflation rose to an eight-month high of 1.48 percent in October, as manufactured products turned costlier.

The WPI inflation was 1.32 percent in September and zero per cent in October last year.

This is the highest level of Wholesale price index-based (WPI) inflation since February when it was 2.26 percent.

While food article prices softened in October, manufactured items witnessed hardening of prices, according to data released by the Commerce and Industry Ministry on Monday.

Food inflation in October stood at 6.37 percent, as against 8.17 percent in the previous month.

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The rate of price rise in vegetables and potato remained high at 25.23 percent and 107.70 percent, respectively, during the month.

Inflation in non-food articles and minerals was higher at 2.85 percent and 9.11 percent, respectively.