New Delhi, December 15:
India’s wholesale inflation eased in November, reflecting a moderation in food prices and reduced pressure on industrial commodities. The Wholesale Price Index (WPI) showed a slowdown compared to previous months, signalling some relief for businesses and supply chains across the country.
Government officials and analysts said the decline in food prices, particularly in vegetables, cereals, and edible oils, contributed significantly to the moderation. While core inflation remained stable, experts noted that the trend could ease input costs for manufacturers and provide some respite to consumers ahead of the festive season.
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