SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India’s wholesale inflation jumps to 1.48% in October

17 Nov 2020 Evaluate

India’s inflation based on wholesale price index (WPI) surged to 1.48% in the month of October, 2020 as compared to 0.00% during the corresponding month of the previous year. Component wise, primary articles index having weight of 22.62%, increased by 1.40% to 152.4 (provisional) in October, 2020 from 150.3 (provisional) for the month of September, 2020. Prices of Non-food Articles, Food Articles and Minerals increased in October, 2020 compared to September, 2020. But, prices of crude petroleum & natural gas remain unchanged.

Fuel & Power index, having weight of 13.15%, increased by 0.11% to 91.1 (provisional) in October, 2020 from 91.0 (provisional) for the month of September, 2020. Prices of Electricity increased in October, 2020 compared to September, 2020. Prices of Mineral Oils declined in October, 2020 compared to September, 2020. Prices of coal remain unchanged.

Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by 0.42% to 120.3 (provisional) in October, 2020 from 119.8 (provisional) for the month of September, 2020. Meanwhile, for the month of August, 2020 the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 122.0 and 0.41% respectively.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×