India's wholesale inflation contracts 0.52 pct in Oct.

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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 18

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