India's wholesale prices fall 1.21% year-on-year in October

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India’s wholesale price inflation fell to –1.21% in October, reversing from 0.13% in September, led by sharp declines in food, fuel and manufactured goods. Food articles saw 8.31% deflation, with vegetables at –34.97%, pulses at –16.50%, potatoes at –39.88%, and onions at –65.43%. Fuel and power recorded –2.55% inflation, while manufactured products eased to 1.54%.