India's WPI inflation rises to 12.54% in October

India's inflation based on wholesale price index (WPI) stood at 12.54% in October 2021 compared with 1.31% in October 2020.

"The high rate of inflation in October 2021 is primarily due to rise in prices of mineral oils, basic metals, food products, crude petroleum & natural gas, chemicals and chemical products etc. as compared the corresponding month of the previous year," the Ministry of Commerce & Industry said in a statement today.

WPI grew 10.66% in September 2021, while the figure for August was 11.64%.

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