Arrival of kharif crops, robust outlook for rabi augur well for food inflation outlook

IANS | December 16, 2024 3:25 PM

New Delhi, Dec 16 (IANS) The arrival of kharif crops in the market and the robust outlook for the rabi crop amid healthy sowing trends and elevated reservoir levels augur well for the food inflation outlook, economists said on Monday, as the wholesale price index (WPI) inflation eased to 1.9 per cent in November from 2.4 per cent in October.

India’s WPI inflation eases to 1.89 pc in November

IANS | December 16, 2024 1:15 PM

New Delhi, Dec 16 (IANS) India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 1.89 per cent in November compared to 2.36 per cent in October as the rise in food prices slowed during the month with the fresh crop arriving in the market, data released by the Commerce and Industry Ministry on Monday showed.