WPI inflation eases to 10.66% in September on lower food prices
The Hindu
WPI inflation remained in double-digit for the sixth consecutive month. In August, it was 11.39%. In September 2020, inflation was 1.32%
The wholesale price-based inflation eased to 10.66% in September, helped by moderating food prices even as crude petroleum witnessed a spike.
WPI inflation remained in double-digit for the sixth consecutive month. In August, it was 11.39%. In September 2020, inflation was 1.32%.
“The high rate of inflation in September 2021 is primarily due to rise in prices of mineral oils, basic metals, non-food articles, food products, crude petroleum & natural gas, chemicals and chemical products etc. as compared the corresponding month of the previous year,” the Commerce and Industry Ministry said in a statement.
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