Wholesale Price Inflation Hits Zero Level In November
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Owing to a fall in prices of food, manufactured items and fuel, Wholesale Price In November 2013, the Wholesale Price Index based inflation was at 1.77% in October and 7.52% in November 2013.
The
If one has noticed the trend, food inflation is on decline since May this year. In October, onion price reduced 56.28% as against a contraction of 59.77%. In November, prices of protein-rich items escalated to 4.36%. On the other hand, inflation in potato remained at 34.10% during the same period.
In November, the sharp drop in WPI inflation came at the back of
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This fiscal, the Indian economy is estimated to grow in the range of 5.4-5.9%.
(Image: The Economic Times)
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