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India’s wholesale price inflation marginally up in December

India's wholesale price inflation marginally up in December

New Delhi, Jan 16 (IANS) Even as vegetable prices plummeted 33 per cent, India's annual inflation based on wholesale prices rose marginally to 3.39 percent in December 2016 from 3.15 per cent for the month before, due to hardening of manufactured products and fuel prices.

As per data on wholesale price index released by the Central Statistics Office (CSO), the inflation for food articles was (-)0.70 percent against 1.54 percent in November. For fuels, it was 8.65 per cent against 7.07 per cent, and for manufactures products, it was 3.67 per cent against 3.20 per cent.

 

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India's wholesale price inflation marginally up in December

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.