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After 3 months of deflation, wholesale food prices may turn inflationary
Vegetable deflation rate in September narrowed to 3.83% year-on-year from 20.18% the previous month.
Price trends in food articles, as measured by the Wholesale Price Index (WPI), remained in the negative zone in September for the third straight month.
This implies that the prices of major kharif pulses, along with vegetables and fruits, fell sharply during the month, compared to the same month last year.
However, there might be an uptick in food prices, turning WPI trends from deflation to inflation — though there is not much clarity yet on the rate and
