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Summary is AI Generated. Newsroom Reviewed
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Wholesale price inflation in India rose to 0.83% in December, government data showed
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Food inflation reached a flatline in December after a 2.6% decline in November
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Prices of pulses and vegetables surged, driving the rise in food inflation
Wholesale price inflation rose to 0.83% in December, government data showed on Wednesday. The rise was driven by a surge in prices of food articles like pulses and vegetables, as well as lower primary articles' prices.
Food inflation rose to a flatline as compared to a fall of 2.6% in November, whereas prices for manufactured products rose at 1.82% vs 1.33% in November.
(This is a developing story)
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