Wholesale price inflation drops to 13 -month low of 0.85% in April

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Wholesale price inflation drops to 13 -month low of 0.85% in April - Business Standard

Quick Summary:

However, the price rise for manufactured vegetable and animal oils, despite slowing, remained in double digits (28.7 per cent) during April.

Price rise for other food items like paddy (1.87 per cent), cereals (3.81 per cent), fruits (8.38 per cent) and wheat (7.41 per cent) also slowed during the month.

This was led by the sharpest decline in vegetable prices (-18.26 per cent) since October 2023 and the steepest fall in pulses prices (-5.6 per cent) since October 2018.