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October WPI at 3.59%, reaches 6 months high

Equitypandit_WPI

The Wholesale Price Index (WPI) of inflation for October has come at 3.59%. Last month it came at 2.6%  and 1.27% in the corresponding month of the previous year.

The official Wholesale Price Index for all commodities for the October month rose by 1% to 115.5 (provisional) from 114.3 (provisional) for the previous year.

Index for food articles went up by 2.2% to 148.0 (provisional) from 144.8 (provisional) for the previous month, because of higher prices of fruits and vegetables. While index for non food articles decreased by 0.9% to 119.2 (provisional) from 120.3 (provisional) for the last month.

Further, WPI for  fuel and power group increased by 3.1% to 93.5 (provisional) from 90.7 (provisional) for the last month and for manufacturing group it increased by 0.3% to 113.7 (provisional) from 113.4 (provisional) for the previous month.

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