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In October, India witnessed a decrease in retail inflation, with the Consumer Price Index-based inflation dropping to 4.87 percent, down from 5.02 percent in September.
Wholesale prices have fallen further as the wholesale inflation for September was estimated at (-) 0.26 per cent. In October last year, WPI was at 8.67 per cent. - Inflation Watch: Wholesale Price Inflation Stays Negative For 7th Straight Month In October
Wholesale inflation, which reflects prices at producers’ end, remains below retail inflation. The latest retail inflation data for October showed Consumer Price Index-based inflation eased to a four-month low of 4.87 per cent in October.