Corporates

WPI eases to 0.1% as food prices fall

New Delhi: Wholesale price inflation moderated in Sept as food prices dipped, and deflation in fuel and power was observed. Experts said they expect the trend to persist as global commodity prices are seen lower.Data released by the commerce and industry ministry showed inflation, as measured by the wholesale price index, was at 0.1% in Sept, compared to 0.5% in the previous month. The positive rate of inflation in Sept is primarily due to an increase in prices of the manufacturing of food products, other manufacturing, non-food articles, other transport equipment, and textiles, said a statement from the ministry.



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