Daijiworld Media Network - New Delhi

New Delhi, Nov 14: India’s inflation eased deeper into negative territory in October, with the Wholesale Price Index (WPI) registering a decline of (-) 1.21%, the Ministry of Commerce and Industry announced on Friday. The drop was driven by lower prices of food items, crude petroleum and natural gas, electricity, mineral oils, and basic metal products.

On a month-to-month basis, WPI fell (-) 0.06% in October, compared to (-) 0.19% in September.

Manufactured goods inflation also dipped, declining (-) 0.07% from the previous month as prices of basic metals, chemicals, motor vehicles, trailers, semi-trailers, and other metallic products fell.

Meanwhile, Consumer Price Index (CPI)-based retail inflation continued its downward slide, easing to 0.25% in

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