{"id":48130,"date":"2023-12-14T07:39:56","date_gmt":"2023-12-14T07:39:56","guid":{"rendered":"https:\/\/earlypostdaily.com\/?p=48130"},"modified":"2023-12-14T07:39:58","modified_gmt":"2023-12-14T07:39:58","slug":"after-seven-months-wholesale-inflation-turns-positive-reaches-0-26-in-november","status":"publish","type":"post","link":"https:\/\/earlypostdaily.com\/index.php\/2023\/12\/14\/after-seven-months-wholesale-inflation-turns-positive-reaches-0-26-in-november\/","title":{"rendered":"After Seven Months, Wholesale Inflation Turns Positive, Reaches 0.26% in November"},"content":{"rendered":"\n<p><strong>New Delhi, Dec 14:<\/strong> Wholesale inflation witnessed its most rapid surge in eight months, reaching 0.26 per cent in November, primarily propelled by a significant upswing in food prices. After seven consecutive months in negative territory, the WPI inflation stood at (-) 0.52 per cent in October.<\/p>\n\n\n\n<p>&#8220;The positive inflation rate in November 2023 is mainly attributed to the increased prices of food articles, minerals, machinery &amp; equipment, computer, electronics &amp; optical products, motor vehicles, other transport equipment, and other manufacturing, etc.,&#8221; stated the Commerce and Industry Ministry.<\/p>\n\n\n\n<p>Food inflation soared to 8.18 per cent in November, marking a substantial increase from 2.53 per cent in October. Recent official data revealed that retail or consumer price-based inflation experienced its swiftest ascent in three months, reaching 5.55 per cent in November, driven by a surge in food prices.<\/p>\n\n\n\n<p>In its bi-monthly monetary policy last week, the Reserve Bank maintained steady interest rates and raised concerns about the potential risks associated with the escalating food inflation in November and December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Dec 14: Wholesale inflation witnessed its most rapid surge in eight months, reaching 0.26 per cent in November, primarily propelled by a significant upswing in food prices. After seven consecutive months in negative territory, the WPI inflation stood at (-) 0.52 per cent in October. &#8220;The positive inflation rate in November 2023 is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,22],"tags":[1032,73,1033,1424],"class_list":{"0":"post-48130","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest-news","8":"category-national","9":"tag-earlypostdaily","10":"tag-india","11":"tag-latestnews","12":"tag-wholesale-inflation"},"_links":{"self":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/48130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/comments?post=48130"}],"version-history":[{"count":1,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/48130\/revisions"}],"predecessor-version":[{"id":48132,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/48130\/revisions\/48132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media\/48131"}],"wp:attachment":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media?parent=48130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/categories?post=48130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/tags?post=48130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}