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India’s WPI inflation slides to –1.21% in October, food deflation deepens
India’s wholesale inflation (WPI) fell to –1.21% year-on-year in October, marking a 27-month low.
The decline was driven by steep falls in food prices, including pulses, vegetables, and onions, while fuel and power costs also moderated sharply.
The sharp deflationary trend may give the Reserve Bank of India room to ease policy, though the drop could hurt farm incomes and consumption if sustained.
Tags:
- economy
- india
Explore:High Return Equity Mutual Fund
neutral
India’s WPI inflation slides to –1.21% in October, food deflation deepens
India’s wholesale inflation (WPI) fell to –1.21% year-on-year in October, marking a 27-month low.
The decline was driven by steep falls in food prices, including pulses, vegetables, and onions, while fuel and power costs also moderated sharply.
The sharp deflationary trend may give the Reserve Bank of India room to ease policy, though the drop could hurt farm incomes and consumption if sustained.
Tags:
- economy
- india
Explore:High Return Equity Mutual Fund
1 min read
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Wholesale inflation in India dropped to –1.21%, led by deep deflation in food and energy prices.
India’s wholesale inflation (WPI) fell to –1.21% year-on-year in October, marking a 27-month low.
The decline was driven by steep falls in food prices, including pulses, vegetables, and onions, while fuel and power costs also moderated sharply.
The sharp deflationary trend may give the Reserve Bank of India room to ease policy, though the drop could hurt farm incomes and consumption if sustained.
India’s wholesale inflation (WPI) fell to –1.21% year-on-year in October, marking a 27-month low.
The decline was driven by steep falls in food prices, including pulses, vegetables, and onions, while fuel and power costs also moderated sharply.
The sharp deflationary trend may give the Reserve Bank of India room to ease policy, though the drop could hurt farm incomes and consumption if sustained.
Tags:
- economy
- india
- economy
- india
- inflation
- macro
- wholesale_prices