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India's Wholesale Inflation Moderation in November 2023

India's Wholesale Inflation Moderation in November 2023
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India's Wholesale Inflation Moderation in November 2023

AspectDetails
Wholesale Inflation (Nov)1.9%, down from 2.4% in October
Food Inflation8.9%, down from 11.6% in October
Vegetable Inflation28.6%, down from 63% in October
Potato Inflation82.8%
Edible Oils & Fats Inflation28%, up from 20.2% in October
Manufactured Products Inflation2%, driven by higher input costs
Fuel & Power Inflation-5.83%, remained in deflationary territory
Core InflationSubdued, despite higher manufactured goods prices
Month-on-Month WPI Change-0.06%, driven by declines in primary articles and food items
Fuel Prices (MoM)1.2%, ending a two-month deflationary trend
Manufactured Goods (MoM)0.4%

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