Rising inflation of WPI

The inflation of wholesale price for food as per industrial data release showcases the inflation rate touching up to 8.17% for September, which is a rise of 3.84% from barely a month before.

This figure portrays an inflation standard that seemed to be picking up pace more so in September by 1.3%. The major reason being the food price rates accelerating, that in the long run might force prolonged pauses for a decision on the policy rates by the Central Bank.

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News source: Livemint

Update by Tithi Banerjee