Wholesale inflation eases in Dec - Asian News from UK

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.

Also read:Musk keeps his ‘Indian promise’

Previous Story

Air Canada fires 1,700

Next Story

Preity Confuses Fans With New Pose

Latest from Business

GST Reform Fuels Record Car Sales Surge

India’s automotive industry is experiencing a massive boost following the implementation of GST 2.0, with car sales more than doubling to over half a million units in just a month, according to

India’s E&M Sector Enters a New Growth Phase

India’s cinema market is multilingual, and many regional industries are now rivalling Hindi output in volume and box-office share … writes Rafeek Ravuther The Indian film sector is undergoing a meaningful transformation.

India, Qatar to fast-track trade talks, deal likely by mid-2026

India and Qatar aim to finalise a free trade agreement by mid-2026, targeting to double bilateral trade to $30 billion and expand cooperation beyond energy. India and Qatar are preparing to launch

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

Go toTop