homeeconomy NewsWPI inflation in November rises to 1.55% from 1.48% MoM

WPI inflation in November rises to 1.55% from 1.48% MoM

The Wholesale price-based inflation in November has expanded to 1.55 percent from 1.48 percent a month ago, according to the government data released on Monday.

Profile image

By CNBCTV18.com Dec 14, 2020 1:50:45 PM IST (Updated)

Listen to the Article(6 Minutes)
WPI inflation in November rises to 1.55% from 1.48% MoM
The Wholesale price-based inflation in November has expanded to 1.55 percent from 1.48 percent a month ago, according to the government data released on Monday.

Share Market Live

View All

CNBC-TV18 analysts' poll had estimated the Wholesale price index-based (WPI) inflation of 1.90 percent.
This is the highest level of WPI inflation since February when it was 2.26 percent. It was 0.58 percent in November last year.
The wholesale prices of onion have gone into deflation while food inflation has also narrowed to 4.27 percent from 5.78 percent, MoM, the data revealed.
As per the data, vegetable inflation fell to 12.24 percent from 25.23 percent while that of manufactured products rose to 2.97 percent from 2.12 percent, MoM.
Inflation in non-food articles was higher at 8.43 percent in November. Fuel and power basket softened to (-) 9.87 percent in November.

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change