India’s wholesale inflation falls below the double-digit mark in October 2022 to 8.39%

India WPI Inflation October 2022: From April 2021 to September 2022, there were 18 straight months during which the wholesale price index (WPI) remained above 10%.

By Aryan Jakhar On November 14, 2022 12:20 IST

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Wholesale Price Index (WPI) data for India as of October 2022: According to information issued by the Ministry of Commerce & Industry, the nation’s wholesale inflation decreased to 8.39% in October from 10.70% in September.

Since March 2021, when it was 7.89%, wholesale inflation has decreased below the double-digit threshold for the first time.

According to the statistics, the wholesale price index (WPI) for the month of August was changed from 12.41 to 12.48 percent. In October 2021, the WPI was 13.83 percent.

Aryan Jakhar

Aryan Jakhar is currently a third-year undergraduate student at the Manipal University Jaipur. He is a media enthusiast and is passionate about content writing. Aryan is currently working as a Sub-Editor for Business Upturn.