scorecardresearch
Follow Us:
Sunday, May 22, 2022

December wholesale inflation slows to 1.22%

WPI inflation: The rate of inflation based on WPI Food Index decreased from 4.27 per cent in November 2020, to 0.92 per cent in December 2020, as per the data released by the Department for Promotion of Industry and Internal Trade.

By: PTI | New Delhi |
January 14, 2021 1:03:51 pm
A vendor sits at a fruit stall at Crawford Market in Mumbai, India, on Tuesday, Dec. 11, 2018. (Photographer: Dhiraj Singh/Bloomberg)

The wholesale price-based inflation slowed to 1.22 per cent in December on easing food prices, as per government data released on Thursday.

The inflation based on Wholesale Price Index (WPI) was 1.55 per cent in November 2020, and 2.76 per cent in December 2019.

The rate of inflation based on WPI Food Index decreased from 4.27 per cent in November 2020, to 0.92 per cent in December 2020, as per the data released by the Department for Promotion of Industry and Internal Trade.

It is to be noted here that retail inflation had also dropped sharply to 4.59 per cent in December, mainly due to declining food prices.

Best of Express Premium

How an energy expert triggered Vladimir Putin with one wordPremium
Explained: How scientists plan to use plants to remove toxic metals from ...Premium
FY22: As Covid curbs ease, outward remittances up 55% to all-time highPremium
Away from rows, a piece of Aurangzeb history brought to light in MaharashtraPremium

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement