
CosmicTaco
India's Wholesale Inflation Rises to 2.37% in December
- India's wholesale inflation increased to 2.37% in December, up from 1.89% in November, driven by higher prices of manufactured goods and a low base effect.
- Food prices saw a slight rise, with vegetable prices climbing 28.65% year-on-year, while fuel and power prices dropped 3.79%.
- Retail inflation eased to a four-month low of 5.22%, increasing pressure on the Reserve Bank of India to cut rates in its next review.
14mo ago
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