New Delhi: The Wholesale Price-based Inflation (WPI) has risen to 1.48 per cent, the office of the Economic Adviser said on Monday in its monthly update.
Notably, the WPI was 1.32 per cent in September while it was zero per cent during October, 2019.
The prime reason of rise of inflation was mainly due to the costlier manufactured products. According to government data, there was an inflation of 2.12 per cent on manufactured products in October against 1.61 per cent in September.
October saw a drop in food index inflation. The rate of inflation based on WPI Food Index decreased from 6.92 per cent in September to 5.78 per cent in October.
“The Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group has increased from 157.6 in September 2020 to 159.3 in October 2020”, the data update read.
Among the food articles, WPI Based rate of Inflation of potato was maximum at 107.70 per cent followed by vegetables which were at 25.23 per cent. The pulses stood at 15.93 per cent of inflation.
