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<h1>India's Wholesale Price Index Inflation Falls to 10.7% in September 2022; Food Inflation Also Drops Significantly.</h1> The annual inflation rate based on India's Wholesale Price Index (WPI) eased to 10.7% in September 2022, down from 12.41% in August 2022. The WPI Food Index also saw a decrease, with food inflation dropping from 9.93% in August to 8.08% in September. The overall WPI index decreased by 0.65% month-over-month from August to September. Key contributors to inflation included mineral oils, food articles, and basic metals, while prices for non-food articles, crude petroleum, and minerals declined. The WPI for September was compiled at an 85.1% response rate, with revisions expected as per the final revision policy.
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