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India’s November WPI inflation picks up to 1.55%

A labourer unloads a sack of rice from a supply truck at a wholesale market in Ahmedabad, October 15, 2018. REUTERS/Amit Dave/Files

New Delhi – India’s wholesale price gauge marginally picked up in November, data released by the Ministry of Commerce and Industry showed on Monday, with prices rising 1.55% from a year earlier.

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The annual wholesale price index rose in November, mainly because of an increase in prices of manufacturing items in the festival season, from a year earlier, compared to 1.62% rise predicted by analysts in a Reuters poll.

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Reuters

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AZADI KA AMRIT CELEBRATIONS IN INDIA

December 14, 2020

Reporting by Manoj Kumar; Editing by Shri Navaratnam

Our Standards: The Thomson Reuters Trust Principles.

https://in.reuters.com/article/india-economy-inflation/indias-november-wpi-inflation-picks-up-to-1-55-idINKBN28O0KH

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