💨 Abstract

Wholesale price inflation in India increased to 2.37% in December 2024, up from 1.89% in November, due to a spike in prices of non-food articles, manufactured items, and fuel and power. Food prices saw marginal easing. The rise was attributed to an increase in global commodity prices and the depreciation of the USD/INR pair. ICRA expects WPI to average 2.5%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖