Wholesale prices in India dropped to a 40-month low of 0.16 per cent in October. This, even as retail inflation shot up to a 16-month high in October. The reason for the dissonance is the low weight of food prices in the Wholesale Price Index or WPI. Prices of vegetables and pulses rose dramatically by 26 per cent and 12 per cent year on-year. For more videos, subscribe to our channel:
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