Inflationary woes: India’s WPI rises to 1.55% in November

New Delhi: India’s annual rate of inflation based on wholesale prices jumped to 1.55 per cent in November from a rise of 1.48 per cent in October .

“The rate of inflation, based on monthly WPI, stood at (1.55 per cent) (provisional) for the month of November, 2020 (over November, 2019) as compared to 0.58 per cent during the corresponding month of the previous year,” a Ministry of Commerce and Industry statement on WPI said.

Also Read

Mechanical, electrical issues could also have led to change in fuel switch positions in ill-fated AI plane: Experts

2 hours ago

Court remands IIM-Calcutta rape accused to police custody till July 19

3 hours ago

On a sub-segment basis, prices of manufactured items remained at elevated levels with a rise of 2.97 per cent from 2.12 per cent reported for September and (-) 0.84 per cent recorded during October 2019.

The expenses on primary articles, which constitute 22.62 per cent of the WPI’s total weightage, increased to 2.72 per cent.

IANS