Bharat Express

Ministry of Commerce and Industry

The data the Ministry of Commerce and Industry shared revealed that WPI registered a decline to 8.63 in November from 13.54 in October owing to price relief in vegetables.

India's trade with ASEAN grew 5.2% to $73 billion in the April-October period, the government reported on Saturday.

The WPI Food Index, which accounts for 24.38% of the WPI, decreased from 187.7 in July 2023 to 186.1 in August 2023. The rate of inflation based on the WPI Food Index also declined from 7.75% in July 2023 to 5.62% in August 2023, read the press release.

“The said Restriction shall not be applicable to Imports under Baggage Rules, as amended from time to time,” the Ministry of Commerce and Industry said.