NEW DELHI, Nov. 14 (Xinhua) -- India's wholesale price index (WPI) dropped to -1.21 percent in October, according to data released by the federal ministry of commerce and industry on Friday.
The negative rate of inflation in October is primarily due to a decrease in prices of food articles, crude petroleum and natural gas, electricity, mineral oils and the manufacture of basic metals, the data showed.
WPI inflation rate was 0.13 percent in September and 0.52 percent in August.
WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. ■
