India's wholesale price-based inflation spikes to 12.54% in October

Nov 15, 2021 AlShorts Web Desk

Wholesale price-based inflation surged to 12.54% in October, against 10.66% in September. Higher prices of primary goods along with food articles and fuel costs stiffened India's October 2021 wholesale inflation on a sequential and year-on-year basis. ICRA Chief Economist Aditi Nayar said the core index recorded a month-on-month jump of 1 per cent with a widespread uptick.