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India’s WPI inflation eases to 13.56% in December

14 Jan 2022 Evaluate

India’s inflation based on wholesale price index (WPI) eased to 13.56% in the month of December as against 14.23% in November. The annual rate of inflation is 13.56% (Provisional) for the month of December 2021 as compared to 1.95% in December 2020.

Component wise, primary articles index, having weight of 22.62%, declined by 0.47% to 167.8 (provisional) in December 2021 from 168.6 (provisional) for the month of November, 2021. Prices of Non-food Articles increased in December 2021 as compared to November 2021. Prices of Minerals, Crude Petroleum & Natural Gas and Food Articles declined in December 2021 as compared to November 2021.

Fuel & Power index, having weight of 13.15%, declined by 2.66% to 128.2 (provisional) in December, 2021 from 131.7 (provisional) for the month of November, 2021. Prices of Coal increased in December 2021 as compared to November 2021. Prices of Mineral Oils declined in December 2021 as compared to November 2021. Prices of electricity remain unchanged.

Besides, Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by 0.22% to 136.4 (provisional) in December, 2021 from 136.1 (provisional) for the month of November, 2021.

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