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01:36
India's wholesale inflation contracts 0.52 pct in Oct.
STORY: India's wholesale inflation contracts 0.52 pct in Oct.
SHOOTING TIME: Nov. 10, 2023
DATELINE: Nov. 15, 2023
LENGTH: 00:01:36
LOCATION: New Delhi
CATEGORY: ECONOMY
SHOTLIST:
1. various of the India Gate
2. various of wholesale market area
3. various of fuel station
4. various of traffic
STORYLINE:
India's wholesale price index (WPI) contracted 0.52 percent in October, data released by the federal ministry of commerce and industry showed Tuesday.
WPI inflation, an indicator of prices in the wholesale market rises or falls mainly due to steep increases or decreases in commodity prices.
WPI-based inflation rate has been in the negative zone for the seventh month since April in the South Asian country.
WPI food inflation decreased from 1.54 percent in September to 1.07 percent in October.
The index for the manufactured products group in October remained at 140.3 (provisional), the same as in September.
The index for primary articles group increased 5 percent to 184.5 (provisional) in October from 182.4 (provisional) in September.
The index for fuel and power group increased by 0.65 percent to 154.1 (provisional) in October from 153.1 (provisional) in the previous month.
Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)
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