Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Democracy that banks on the electorate
access_time 28 March 2024 5:34 AM GMT
Lessons to learn from Moscow terror attack
access_time 27 March 2024 6:10 AM GMT
Gaza
access_time 26 March 2024 4:34 AM GMT
The poison is not in words, but inside
access_time 25 March 2024 5:42 AM GMT
A witchhunt, plain and simple
access_time 23 March 2024 9:35 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
When ‘Jai Sree Ram’ becomes a death call
access_time 15 Feb 2024 9:54 AM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightWholesale price...

Wholesale price inflation dips to 13.56% in Dec despite higher food prices

text_fields
bookmark_border
Wholesale price inflation dips to 13.56% in Dec despite higher food prices
cancel

New Delhi: The wholesale price-based inflation declined to 13.56 per cent in December mainly due to softening of fuel prices, power and manufacturing prices but remains in double digits due to the higher food prices. The WPI was 14.23 per cent in November.

"The high rate of inflation in December 2021 is primarily due to rise in prices of mineral oils, basic metals, crude petroleum & natural gas, chemicals and chemical products, food products, textile and paper and paper products etc as compared to the corresponding month of the previous year," the Commerce and Industry Ministry said in a statement.

Inflation in manufactured items was lower at 10.62 per cent in December, against 11.92 per cent in the previous month. In fuel and power basket the rate of price rise was 32.30 per cent in December, against 39.81 per cent in November.

Inflation in food articles, however, witnessed an uptick on a month-on-month basis at 9.56 per cent in December, against 4.88 per cent in November. Vegetable price rise rate spiked to 31.56 per cent, against 3.91 per cent in the previous month.

Show Full Article
Next Story