Rising Petrol, Diesel Costs Push WPI Inflation to 3.39% in Dec

The WPI-based inflation in November stood at 3.15 percent.

Fuel pumps at a Bharat Petroleum gas station in Mumbai. (Photo: Reuters)

• Rising prices of petrol and diesel fuelled Wholesome Price Index (WPI) inflation to 3.39 percent in December 2016, reversing the declining trend and neutralising the impact of softening prices of vegetables.
• The overall inflation index of fuel and power segment registered an increase of 8.65 percent in December. Besides fuel items, sugar, potato, pulses and wheat became expensive during the month.
• The WPI-based inflation, reflecting the annual rate of price rise, stood at 3.15 percent in November.

(With inputs from PTI.)