WPI inflation rises to 1.81% in January driven by food prices
Wholesale price inflation rose to 1.81% in January, driven by higher food and manufactured product prices. This marks a significant increase from 0.83% in December, indicating ongoing inflationary pressures in the economy.
after close1 source ↓written by the desknot a recommendation
- in January
- 1.81%
- saw inflation
- 0.83%
Wholesale price inflation increased to 1.81% in January, marking the third consecutive month of rise. This uptick is attributed to higher prices in food articles (1.55%) and manufactured products (2.86%). The previous month saw inflation at 0.83%. Traders should monitor these trends as they may influence monetary policy decisions.
Not investment advice. For informational purposes only.