✅ WPI inflation at 0.16%
Wholesale prices in India rose by 0.16 percent year-on-year in October of 2019, slowing from a 0.33 percent gain in the previous month and compared with market expectations of a flat reading. It was the lowest wholesale inflation rate since a decline in June 2016. On a monthly basis, wholesale prices rose by 0.7 percent in October, after a 0.1 percent fall in September.
Impact- Neutral to Negative