After retail, relief on wholesale inflation front eases to 0.27% in January – India TV Hindi

WPI Inflation - India TV Paisa
Image: File Wholesale inflation

Wholesale inflation followed by retail There is relief on the front. In January, wholesale inflation stood at 0.27 percent. The main reason for this was the easing of food prices. In December 2023, it was 0.73 percent. Inflation based on the Wholesale Price Index (WPI) remained consistently below zero from April to October. It was recorded at 0.39 percent in November.

Inflation based on the Wholesale Price Index (WPI) stood at 0.27 percent (provisional) in January, the Ministry of Commerce and Industry said in a statement on Wednesday. In January 2023, wholesale inflation was 4.8 percent. According to the data, the inflation rate of food items was 6.85% in January 2024 which was 9.38% in December 2023. Inflation rate of vegetables was 19.71% in January compared to 26.3% in December 2023. In January, the wholesale inflation of pulses was 16.06 percent while that of fruits was 1.01 percent.

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