Wholesale Inflation rises to 0.83 pc in Dec on higher manufactured goods prices

Key Highlights

• Manufactured products, which carry the highest weight in the WPI basket, recorded an annual inflation of 1.82 per cent, driven by higher prices of machinery and equipment, textiles, food products, chemicals, and transport equipment.
• The rise in manufactured goods inflation suggests firm demand conditions and higher input costs across industrial segments.
• Primary articles showed mixed price movements, with moderation in some food items even as prices of minerals and non-food articles registered increases.
• Fuel and power prices remained largely stable, offering some relief to overall wholesale inflation during the month.
• The food index, which includes food articles and food products, recorded zero inflation on a year-on-year basis in December, indicating stable food prices compared to the same period last year.