September wholesale inflation slows but in double-digits for 6th straight month

Food inflation contracted 4.69% in September compared with a 1.29% fall a month ago, while that of manufactured products rose to 11.41% from 11.39% in August. Inflation in potato was -48.95%, onion was -1.91% and fruit was -1.27%. Among manufactur...

Reuters
Wholesale inflation in September eased to 10.66% from 11.39% in the previous month but remained in double digits for the sixth month in a row, data released on Thursday showed.

Food inflation contracted 4.69% in September compared with a 1.29% fall a month ago, while that of manufactured products rose to 11.41% from 11.39% in August.

Inflation in potato was -48.95%, onion was -1.91% and fruit was -1.27%. Among manufactured items, prices of basic metals (26.71%), textiles (16.81%) rose.


Fuel and power prices rose 24.81% on-year as against 26.09% in August.

Data released on Tuesday that showed India’s retail inflation eased to a five-month low of 4.35% in September.
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