India’s annual wholesale price-based inflation (WPI) eased in December to 4.95% year-on-year as against 5.85% in November, government data showed on Monday.
The reading was lower than the Reuters forecast of 5.60% and 5.85% recorded in the previous month.
The annual rate of inflation based on WPI has declined from 5.85 % November 2022 to 4.95 % in December, 2022.
2. The annual rate of inflation of Primary Articles group of WPI has declined from 5.52 % in November 2022 to 2.38 % in December 2022.