- 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.)
(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)
0