Wholesale inflation falls to 4.64% in November

New Delhi: India's wholesale inflation fell to a three-month low of 4.64% in November, driven down by decline in prices of food articles, especially vegetables, and some easing in rates of petro products. The Wholesale Price Index (WPI)-based inflation stood was 5.28% in October and 4.02% in November last year. Food articles witnessed softening of prices with deflation at 3.31% in November, against 1.49% in October, government data released on Friday showed. Vegetables, too, became cheaper with deflation at 26.98% in November, compared to 18.65% in the previous month. Inflation in the 'fuel and power' basket in November continued to rule high at 16.28%, but was lower than 18.44% in October. This was on account of lowering of prices of petrol and diesel, following a decline in global crude oil prices. Separately in petrol and diesel, inflation was 12.06% and 20.16%, respectively, and for liquified petroleum gas (LPG), it was 23.22% during October. PTI