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 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.

from Economy-News-Economic Times https://ift.tt/2XeQpgy