SME Times News Bureau | 14 Jan, 2021
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.
