WPI in negative zone for sixth month

Wholesale price inflation in India remained negative for the sixth consecutive month in September, but the contraction was narrower compared to previous months. The annual rate of inflation, as measured by the Wholesale Price Index, contracted by 0.3% in September, slower than the 0.5% decline in August. Deflation in September was primarily due to falling prices of chemical products, mineral oils, textiles, basic metals, and food products.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.