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HomeBusinessIndia’s WPI inflation eases to 13.56% in December: Govt knowledge

India’s WPI inflation eases to 13.56% in December: Govt knowledge

India Wholesale Value Index (WPI) Information: The wholesale inflation throughout the nation rose to 13.56 per cent in December, knowledge launched by the Ministry of Commerce & Trade confirmed.

The wholesale value index (WPI) grew 14.23 per cent in the course of the month of November, whereas the WPI for October was revised to 13.83 per cent from 12.54 per cent, the information confirmed. The WPI in December 2020 was at 1.95 per cent.

“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 assertion learn.

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