New Delhi, Nov 14
India's annual rate of inflation, based on the Wholesale Price Index (WPI), fell deeper in the negative zone to (-) 1.21 per cent during October this year due to the decline in prices of food articles, crude petroleum & natural gas, electricity, mineral oils and manufacture of basic metals, according to a statement issued by the Ministry of Commerce and Industry on Friday.
The month-over-month change in WPI for October stood at (-) 0.06 per cent as compared to the corresponding figure of (-) 0.19 per cent in the previous month of September.