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Wholesale Price Index inflation increases to 11.39% in September 2023

India's Wholesale Price Index (WPI) inflation increased to 11.39% in September, up from 9.92% in August, according to provisional data from the Ministry of Commerce and Industry. The rise was attributed to higher prices in several sectors, including mineral oils, food articles, and basic metals. Notably, inflation in the Fuel and Power group surged to 25.85%, while the WPI Food Index rose to 8.66%. Cumulatively, WPI inflation for the first half of the financial year reached 9.85%, contrasting with a contraction of 0.2% during the same period last year.

The Radius summarizes this story. Read the original report from TRN Business.