Wholesale inflation in India, as measured by the wholesale price index (WPI), decreased to 5.85% in November from 8.39% in September, according to data issued by the Ministry of Commerce and Industry.
The WPI stayed below the 10-point threshold for the second consecutive month. Prior to that, the WPI reading exceeded the double-digit threshold for 18 consecutive months, from April 2021 to September 2022.
The WPI for September was revised down to 10.55 percent from 10.70 percent, according to the report. In November 2021, the WPI was 14.87 percent.
