As food prices ease, wholesale inflation comes down to 1.22% in December

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices

A labourer prepares to unload sacks of potatoes from a truck at a wholesale vegetable and fruit market in New Delhi — A labourer prepares to unload sacks of potatoes

Reuters NEW DELHI

1 min read Last Updated : Jan 14 2021 | 12:31 PM IST

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices, data released by the Ministry of Commerce and Industry showed on Thursday.

Analysts in a Reuters poll had forecast the annual wholesale price index to rise 1.30%.

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Topics :Commerce ministry wholesale inflation India Indian Economy food prices

First Published: Jan 14 2021 | 12:26 PM IST