Wholesale inflation in India rises to -0.32% in November
after close1 source ↓written by the desknot a recommendation
- in November
- -0.32%
- in October
- -1.21%
- record low
- ₹90.72/$
Wholesale Price Index (WPI) deflation narrowed to -0.32% in November from -1.21% in October, driven by base effects and rising commodity prices. The weakening rupee, hitting a record low of ₹90.72/$, adds pressure on imported inflation. Economists anticipate a positive WPI in December due to these factors.
Not investment advice. For informational purposes only.