Wholesale inflation at 4-month high of 2.4% in October
Thursday, 14 November 2024 () India's wholesale price inflation surged to a four-month high of 2.4% in October, driven by a sharp rise in food prices, particularly vegetables. Vegetable prices witnessed a significant year-on-year increase of 63%, while potato prices skyrocketed by 78.7%. This surge in food inflation poses a challenge for policymakers tackling persistent price pressures.
UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
The Office for National Statistics (ONS) said Consumer Prices..
India's wholesale price inflation accelerated to a four-month high of 2.36% in October, driven by surging food prices, particularly vegetables. While fuel and... IndiaTimes
India's retail inflation surged to a 14-month high in October, driven by soaring food prices, exceeding the central bank's target and diminishing hopes of an... IndiaTimes