{"id":49105,"date":"2024-01-15T07:59:18","date_gmt":"2024-01-15T07:59:18","guid":{"rendered":"https:\/\/earlypostdaily.com\/?p=49105"},"modified":"2024-01-15T07:59:19","modified_gmt":"2024-01-15T07:59:19","slug":"wholesale-inflation-increases-to-0-73-in-december","status":"publish","type":"post","link":"https:\/\/earlypostdaily.com\/index.php\/2024\/01\/15\/wholesale-inflation-increases-to-0-73-in-december\/","title":{"rendered":"Wholesale Inflation Increases to 0.73% in December"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>New Delhi, Jan 15: <\/strong>The Wholesale Price Index (WPI)-based inflation for December witnessed a rise, reaching 0.73%, primarily attributed to a notable surge in food prices. The WPI inflation had remained in the negative zone from April to October but turned positive in November at 0.26%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The commerce and industry ministry stated on Monday that the positive inflation rate in December 2023 was mainly a result of increased prices in categories such as food articles, machinery &amp; equipment, other manufacturing, other transport equipment, and computer, electronics &amp; optical products.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Food inflation specifically rose to 9.38% in December, up from 8.18% in November 2023. Notable increases were observed in vegetables, with an inflation rate of 26.30%, and pulses, registering a 19.60% inflation rate for December.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This rise in wholesale inflation aligns with the recent Consumer Price Index (CPI) data for December, which marked a four-month high at 5.69%. The Reserve Bank, in its bi-monthly monetary policy last month, kept interest rates unchanged and highlighted concerns about the potential escalation of food inflation in November and December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 15: The Wholesale Price Index (WPI)-based inflation for December witnessed a rise, reaching 0.73%, primarily attributed to a notable surge in food prices.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":49106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,22],"tags":[1032,73,1033],"class_list":["post-49105","post","has-post-thumbnail","category-latest-news","category-national","tag-earlypostdaily","tag-india","tag-latestnews"],"_links":{"self":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/49105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/comments?post=49105"}],"version-history":[{"count":1,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/49105\/revisions"}],"predecessor-version":[{"id":49107,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/49105\/revisions\/49107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media\/49106"}],"wp:attachment":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media?parent=49105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/categories?post=49105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/tags?post=49105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}