India's December wholesale inflation eases to 3.80%
  • 5 years ago
Good news for the middle class. The wholesale inflation has eased to 3.80 per cent in December from 4.64 per cent in the previous month. That marked the slowest pace of wholesale inflation recorded in past eight months, helped by a smaller increase in food and fuel prices. December WPI data was also better than a forecast of 4.42 per cent by economists in a poll by news agency Reuters. Wholesale inflation - or the rate of increase in wholesale prices - is determined by Wholesale Price Index.
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