Empowering MSMEs with News & Insights

Wholesale inflation falls down to 4.64% in Nov

Updated: Dec 14, 2018 12:06:12pm
image

Wholesale inflation falls down to 4.64% in Nov

New Delhi, Dec 14 (KNN) Wholesale price inflation fell down to 4.64% for November from 5.28% in October, the Ministry of Commerce and Industry said in a statement.

Build up inflation rate in the financial year so far was 4.73% compared to a buildup rate of 2.83% in the corresponding period of the previous year, it added.

The rate of inflation for manufactured products stood at 4.21% compared to 4.49% in October.

In the manufactured goods category, the rate of inflation for manufacture of textiles remained almost same at 5.49 per cent in November, against 5.59 per cent in October.

While rate of Inflation in the 'fuel and power' basket in November continued to rule high at 16.28 per cent, but was lower than 18.44 per cent in October.

The data further revealed that the inflation rate for food articles witnessed ease of prices with deflation at 3.31 per cent in November, against 1.49 per cent in October.

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *