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New Delhi. Wholesale price inflation rose to 1.84 percent in September due to costlier food items, especially vegetables. Wholesale Price Index (WPI) based inflation was 1.31 percent in August. It had decreased by 0.07 percent in September last year. Food inflation increased to 11.53 percent in September, while it was 3.11 percent in August. This was due to vegetable inflation which increased to 48.73 percent in September. It had decreased by 10.01 percent in August. Potato and onion inflation remained high at 78.13 percent and 78.82 percent respectively in September. 

The fuel and power category witnessed deflation of 4.05 percent in September, as against 0.67 percent in August. “The positive rate of inflation in September, 2024 is mainly due to the increase in prices of food articles, food products, other manufacturing, motor vehicles, manufacture of trailers and semi-trailers, manufacture of machinery and equipment, etc,” the Ministry of Commerce and Industry said in a statement. The Reserve Bank of India (RBI) mainly takes into account retail inflation while formulating monetary policy. The RBI kept the main interest rate or repo rate unchanged at 6.5 percent in its monetary policy review this month. Retail inflation data will be released later in the day.

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