Wholesale inflation eased to 0.16 per cent in October from 0.33 per cent in the previous month, government data showed on Thursday. Wholesale or headline inflation – the rate of increase in wholesale prices – is gauged by the Wholesale Price Index (WPI).
Food inflation – based on the WPI Food Index comprising food articles from the primary articles group and food products from the manufactured products category – came in at 7.65 per cent last month, the data showed. It had stood at 5.98 per cent in the previous month.
The data on wholesale inflation comes a day after separate data showed consumer inflation – the rate of increase in consumer prices – accelerated to a 16-month high of 4.62 per cent in October driven by higher food prices.