Wholesale price inflation at 0.3% in November after 7 months of deflation
Thursday, 14 December 2023 Wholesale price inflation in India rose to 0.3% in November, ending seven months of contraction. The increase was driven by higher prices of food articles, minerals, machinery, computer and electronics products, motor vehicles, and other manufacturing. Food articles saw an 8.2% rise, with vegetable prices increasing by 10.4%. Onion prices surged by 101.2% compared to last year. Retail inflation, measured by the consumer price index, stood at 5.6% in November. Rating agency ICRA predicts that WPI inflation could reach 1.5-1.7% in December.
US Housing Market , Sees Temporary Surge , as Mortgages Inch Lower.
'Newsweek' reports that the United States
housing market saw a surge in activity
amid declining mortgage rates.
At the same time,..
Credit: Wibbitz Top Stories Duration: 01:30Published
Some Areas of California , See House Values Plummet.
'Newsweek' reports that many areas across California,
typically one of the most expensive housing markets in
the United States, have experienced..
Credit: Wibbitz Top Stories Duration: 01:31Published
Thursday, 14 December 2023
![US Housing Market Sees Temporary Surge as Mortgages Inch Lower [Video]](https://video.newsserve.net/300/v/20231220/1362472959-US-Housing-Market-Sees-Temporary-Surge-as-Mortgages.jpg)
![Some Areas of California See House Values Plummet [Video]](https://video.newsserve.net/300/v/20231219/1362425320-Some-Areas-of-California-See-House-Values-Plummet.jpg)
