Social News XYZ     

Wholesale inflation eases to 1.2% in December

Wholesale inflation eases to 1.2% in December

New Delhi, Jan 14 (SocialNews.XYZ) 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.

Source: IANS

Facebook Comments
Wholesale inflation eases to 1.2% in December

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

PHP Code Snippets Powered By : XYZScripts.com
%d bloggers like this: