<h1>India's WPI Inflation Drops to 8.39% in October 2022, Driven by Lower Mineral Oil and Metal Prices.</h1> The annual inflation rate in India, based on the Wholesale Price Index (WPI), decreased to 8.39% in October 2022 from 10.70% in September 2022. This decline is attributed to falling prices in mineral oils, basic metals, textiles, and other non-metallic mineral products. The WPI for primary articles increased by 2.72%, while fuel and power saw a decrease of 1.65%. Manufactured products experienced a slight decline of 0.42%. The food index rose from 175.2 to 177.5, with the inflation rate dropping from 8.08% to 6.48%. These figures are provisional and subject to revision.