Wholesale price inflation rises to 2.37% in December

 Among food items, cereals, pulses, wheat saw easing in inflation in December. Representational file image.
| Photo Credit: Sushil Kumar Verma

Wholesale price inflation rose to 2.37% in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday (January 14, 2025) showed.

The Wholesale Price Index (WPI) based inflation was 1.89% in November 2024. It was 0.86% in December 2023.

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As per the data, inflation in food items eased to 8.47% in December 2024, as against 8.63% in November. Inflation in vegetable stood at 28.65%, as against 28.57% in November.

Inflation in potato continued to be high at 93.20%, and in onion it spiked to 16.81% in December.

Among food items, cereals, pulses, wheat saw easing in inflation in December.

The fuel and power category witnessed a deflation of 3.79% in December, against a deflation of 5.83% in November. In manufactured items, inflation was 2.14%, against 2% in November.

Retail inflation data released on Monday showed that consumer price index (CPI) based inflation eased to 4-month low of 5.22% in December on easing food prices.