WPI Stands at 1.48% for October 2020; Wholesale Price Rises Consecutively for Three Months in India
According to the official data released by the Government of India, the Wholesale Price Index or the WPI stood at 1.48 per cent for the month of October 2020, as reported by the news agency ANI. This marks the rise in the WPI for the third month in a row. The WPI for the corresponding month last year was 0.00 per cent.
New Delhi, November 16: According to the official data released by the Government of India, the Wholesale Price Index or the WPI stood at 1.48 per cent for the month of October 2020, as reported by the news agency ANI. This marks the rise in WPI for the third month in a row. The WPI for the corresponding month last year was 0.00 per cent. Retail Inflation Eases Marginally to 6.25 Percent for Farm, Rural Workers in September.
Wholesale Price Index measures the price of a representative basket including wholesale goods. In India, wholesale price index is divided into three groups, including fuel and power, primary articles and manufactured products .
(The above story first appeared on LatestLY on Nov 16, 2020 12:57 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).