

WPI Inflation Touches Six-Month High of 3.59%; Onion, Veggies Costlier
Wholesale food prices in October rose 3.23 percent year-on-year, compared with a 1.99 percent rise a month earlier, the data showed.
A vendor sorts out cabbages at his stall at a wholesale vegetable market (REUTERS)
New Delhi: Inflation at the wholesale level rose to 6-month high of 3.59 percent in October as the prices of food articles, led by onions and vegetables, rose sharply.
Inflation, based on the Wholesale Price Index (WPI), was 2.60 percent in September. In October last year, it was 1.27 percent.
Last month's inflation was the highest since April, when it was 3.85 percent.
The government data released on Tuesday showed that inflation in food articles more than doubled to 4.30 percent in October.
For vegetables, it soared to 36.61 percent last month as against 15.48 percent in September.
In case of onions, inflation skyrocketed to 127.04 percent, while for the eggs, meat and fish segment the rate of price rise was 5.76 percent.
Inflation in manufactured products saw a slight dip to 2.62 percent, as against 2.72 percent in September.
In the fuel and power segment, inflation rose to 10.52 percent, as against 9.01 percent in September.
Fuel inflation has remained high for the past three months as petrol and diesel prices continued to rule high tracking global crude oil rates. Power tariffs shot through the roof on lower domestic production.
Pulses continued to witness deflation at 31.05 percent.
Likewise, in potato deflation was at 44.29 percent and wheat at 1.99 percent.
The final print of August WPI inflation remained unchanged at 3.24 percent.
As per the Consumer Price Index (CPI) data released yesterday, retail inflation for October rose to a 7-month high of 3.58 percent on costlier food items, especially vegetables.
Besides, industrial production for September expanded at 3.8 percent, on poor showing by the manufacturing sector coupled with decline in consumer durables output.
Last month, the Reserve Bank kept benchmark interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 percent for the current fiscal.
RBI also raised its inflation forecast to the 4.2-4.6 percent range for the rest of the current fiscal as against 4-4.5 percent previously.
Also Watch
Inflation, based on the Wholesale Price Index (WPI), was 2.60 percent in September. In October last year, it was 1.27 percent.
Last month's inflation was the highest since April, when it was 3.85 percent.
The government data released on Tuesday showed that inflation in food articles more than doubled to 4.30 percent in October.
For vegetables, it soared to 36.61 percent last month as against 15.48 percent in September.
In case of onions, inflation skyrocketed to 127.04 percent, while for the eggs, meat and fish segment the rate of price rise was 5.76 percent.
Inflation in manufactured products saw a slight dip to 2.62 percent, as against 2.72 percent in September.
In the fuel and power segment, inflation rose to 10.52 percent, as against 9.01 percent in September.
Fuel inflation has remained high for the past three months as petrol and diesel prices continued to rule high tracking global crude oil rates. Power tariffs shot through the roof on lower domestic production.
Pulses continued to witness deflation at 31.05 percent.
Likewise, in potato deflation was at 44.29 percent and wheat at 1.99 percent.
The final print of August WPI inflation remained unchanged at 3.24 percent.
As per the Consumer Price Index (CPI) data released yesterday, retail inflation for October rose to a 7-month high of 3.58 percent on costlier food items, especially vegetables.
Besides, industrial production for September expanded at 3.8 percent, on poor showing by the manufacturing sector coupled with decline in consumer durables output.
Last month, the Reserve Bank kept benchmark interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 percent for the current fiscal.
RBI also raised its inflation forecast to the 4.2-4.6 percent range for the rest of the current fiscal as against 4-4.5 percent previously.
Also Watch
Interview: Virat Kohli at the Launch of the Audi RS5
Wednesday 18 April , 2018
Karnataka Election 2018: The Good, The Bad and The Tainted Candidates
Wednesday 18 April , 2018
The Rape and Murder Of A Young Girl Has Shocked Pakistan
Tuesday 17 April , 2018
Mahesh Manjrekar Up & Close | Talks About Hosting Bigg Boss Marathi
Tuesday 17 April , 2018
Commonwealth 2018: A Look Back at India’s Journey in Gold Coast

Interview: Virat Kohli at the Launch of the Audi RS5

Wednesday 18 April , 2018
Karnataka Election 2018: The Good, The Bad and The Tainted Candidates

Wednesday 18 April , 2018
The Rape and Murder Of A Young Girl Has Shocked Pakistan

Tuesday 17 April , 2018
Mahesh Manjrekar Up & Close | Talks About Hosting Bigg Boss Marathi

Tuesday 17 April , 2018
Commonwealth 2018: A Look Back at India’s Journey in Gold Coast
Most Active
Company | Price | Change | %Gain |
---|---|---|---|
Hindalco | 264.75 | +21.95 | +9.04 |
Vedanta | 311.70 | +20.60 | +7.08 |
TCS | 3,191.15 | +32.05 | +1.01 |
Tata Steel | 621.95 | +20.35 | +3.38 |
BPCL | 376.55 | -28.65 | -7.07 |
Company | Price | Change | %Gain |
---|---|---|---|
Hathway Cable | 39.65 | -0.65 | -1.61 |
Maithan Alloys | 882.00 | +15.85 | +1.83 |
HDFC | 1,864.45 | -12.15 | -0.65 |
HDFC Life | 503.15 | +11.05 | +2.25 |
Vakrangee | 131.75 | +6.10 | +4.85 |
Top Gainers
Company | Price | Change | %Gain |
---|---|---|---|
Hindalco | 264.75 | +21.95 | +9.04 |
Vedanta | 311.70 | +20.60 | +7.08 |
Tata Steel | 621.95 | +20.35 | +3.38 |
Yes Bank | 318.50 | +8.95 | +2.89 |
Bharti Airtel | 395.35 | +11.10 | +2.89 |
Company | Price | Change | %Gain |
---|---|---|---|
Tata Steel | 620.55 | +19.05 | +3.17 |
Yes Bank | 318.00 | +8.75 | +2.83 |
Bharti Airtel | 394.95 | +10.15 | +2.64 |
Larsen | 1,384.30 | +23.65 | +1.74 |
Power Grid Corp | 208.20 | +3.30 | +1.61 |
Top Losers
Company | Price | Change | %Gain |
---|---|---|---|
BPCL | 376.55 | -28.65 | -7.07 |
HPCL | 301.50 | -18.10 | -5.66 |
IOC | 157.95 | -7.00 | -4.24 |
Titan Company | 952.75 | -24.35 | -2.49 |
Axis Bank | 512.90 | -5.35 | -1.03 |
Company | Price | Change | %Gain |
---|---|---|---|
Axis Bank | 513.50 | -5.20 | -1.00 |
Coal India | 282.85 | -2.20 | -0.77 |
HDFC | 1,864.45 | -12.15 | -0.65 |
Sun Pharma | 508.80 | -3.10 | -0.61 |
IndusInd Bank | 1,834.10 | -10.55 | -0.57 |
Recommended For You
Asus Zenfone Max Pro Set For April 23 Launch: All we Know so Far
Sonam Kapoor's Chic Looks will Make You Want to Emulate Her Style; See Pics
Throwback Thursday: When Aishwarya Rai's Response To 'If She Still Lives With Her Parents' Won Hearts
India Loses USD 22 Billion a Year in Peak Traffic Hours in 4 Indian Cities: Uber
Indian Cricketer Hardik Pandya Buys Audi A6 Luxury Sedan Worth Rs 65 Lakh