Wholesale Inflation Eases To 0.27% In January 2024

WPI Inflation In January 2024: Inflation based on the Wholesale Price Index (WPI) eased to 0.27 per cent in January, mainly due to lower food prices. WPI inflation in December 2023 was 0.73 per cent. WPI inflation remained in the negative zone from April to October and turned positive at 0.39 per cent in November.

"The annual rate of inflation based on the All India Wholesale Price Index (WPI) number is 0.27 per cent (provisional) for January 2024 (over January 2023)," the commerce and industry ministry said in a statement on Wednesday.

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Food inflation declined to 6.85 per cent in January from 9.38 per cent in December 2023.

Vegetable inflation stood at 19.71 per cent in January as against 26.3 per cent in the previous month. Inflation of pulses was 16.06 per cent in January and fruit inflation was 1.01 per cent. Headline inflation in January 2023 was 4.8 per cent.

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