Pirzada Shakir
Pirzada Shakir
Journalist. @PTI_News. Email Story ideas/leads at pirzada.shakir@pti.in Work in @tkwmag @Diplomat_APAC @Article14live @The_NewArab Tweets personal.Source
Jammu, New Delhi
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Wholesale price-based inflation eases to 8.39%, lowest since March 2021

Wholesale price-based inflation eases to 8.39%, lowest since March 2021

Wholesale price index (WPI), which determines the price of products at the wholesale stage, eased in October, as per the government data shared on Monday. The data showed that, in October, the wholesale price-based inflation dropped to 8.39% year-on-year, compared to 10.7% recorded in September. Notably, since March 2021, this is the first time that the WPI reading has slipped to a single-digit number. Why does this story matter? Inflation has remained a major issue for India even as many countries are witnessing an economic crisis due to various factors. Moreover, the purchasing capacity...

Jan 20
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