India’s wholesale price index (WPI) inflation is seen at 3.58% in December, 2017. The WPI inflation in November, 2017 was at 3.93% and last year in the same period it was at 2.10%.

As per the CSO data, the WPI for all commodities for the month of December 2017, decreased by 0.5% to 115.7 (provisional) from 116.3 (provisional) for the previous month.

Rate of inflation based on WPI Food Index which consists of Food Articles from Primary Articles group and Food Product from Manufactured Products group decreased from 4.10% in November 2017 to 2.91% in December,2017.

Furthermore, Average inflation rate in the financial year was 2.21%, as against build up rate of 3.71% in the corresponding period of last year.

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