Wholesale inflation eases to 1.2% in December
Wholesale inflation for December declined to 1.22 per cent due to lower food inflation, official data showed on Thursday.
 
In November, the inflation based on Wholesale Price Index (WPI) was 1.55 per cent. The data released by the Ministry of Commerce and Industry showed that food inflation fell to 0.92 per cent in December, due to sharp fall in onion prices.
 
The Consumer Price Index released on Tuesday, which shows retail inflation, also declined to 4.59 per cent for December 2020 compared with 6.93 per cent in November.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User 

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)