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November WPI expected to rise to 0.66% from 0.16% in October

Updated : December 16, 2019 09:23:18 IST

India's inflation based on the Wholesale Price Index (WPI) is expected to rise in November to 0.66 percent from 0.16 percent in October on account of higher food inflation, according to poll conducted by CNBC-TV18. The wholesale inflation is likely to be in the range between 0.3 and 0.9 percent, it said.

The core inflation is expected to decline by 1.2-1.5 percent from 1.6 percent month-on-month basis.

Higher food inflation also impacted the consumer price index (CPI) data and the same trend is expected to percolate into WPI data. However, the declining core inflation would indicate that manufacturing is still under stress.
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