- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Gaurav Bidhuri, 2017 World Boxing Championship bronze medallist, joined hands with the Del
- U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
- FIFA : Over 100 female footballers urge FIFA to reconsider partnership with Saudi oil giant
- Ecuador ready to make history against Uruguay: Beccacece
India's wholesale price inflation eases to 3.58% in December Last Updated : 15 Jan 2018 03:36:37 PM IST File Photo
India's annual rate of inflation based on wholesale prices eased to 3.58 per cent in December, official data showed on Monday.
According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI), with the revised base year of 2011-12, was 3.93 per cent in November.
However, the WPI-based inflation rate was higher than 2.10 per cent reported for the corresponding month of the previous year.
"Build up inflation rate in the financial year so far was 2.21 per cent compared to a build up rate of 3.71 per cent in the corresponding period of the previous year," the ministry said in a statement.
On a sequential basis, the expenses on primary articles, which constitute 22.62 per cent of the WPI's total weightage, edged higher by 3.86 per cent, from an increase of 5.28 per cent in November.
The prices of food articles rose by 4.72 per cent from an acceleration of 6.06 per cent in the previous corresponding month.
On a year-on-year (YoY) basis, food prices in December rose by 4.72 per cent from a rise of only 0.07 per cent.
In terms of individual items, onion prices soared higher by 197.05 per cent, whereas for potatoes it plunged by (-)8.40 per cent.
In contrast, the overall vegetable prices in November rose by 56.46 per cent, against a fall of (-)26.88 per cent in the same month a year ago.
As per data, wheat became cheaper by (-) 8.47 per cent on YoY basis and the prices of pulses came down by (-) 34.60 per cent, but paddy became dearer by 3.19 per cent.
On the other hand, protein-based food items such as eggs, meat and fish became expensive by 1.67 per cent during the month.
Prices of the other major group under the WPI, manufactured products, which comprise nearly 64.23 per cent of the index, recorded a 2.61 per cent rise.
The sub-category of manufactured food products registered a decline of (-) 0.23 per cent.
Fuel and power prices accelerated by 9.16 per cent.
Product-wise, the price of high-speed diesel rose by 12.68 per cent during December while that of petrol climbed by 8.80 per cent and for LPG by 21.14 per cent.IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186