New Delhi, Nov 14 (SocialNews.XYZ) India's annual rate of inflation based on wholesale prices eased to 0.16 per cent in October from 0.33 per cent in September, official data showed on Thursday.
Similarly, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen to 5.54 per cent during the corresponding period of 2018.
"Build up inflation rate in the financial year so far was 1.92 per cent compared to a build up rate of 4.90 per cent in the corresponding period of the previous year," the Ministry said in its review of "Index Numbers of Wholesale Price in India" for October.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
