India Dec WPI inflation rate at 3.58% vs 3.93% Nov@HIGHLIGHT INVESMENT
The annual rate of inflation, based on monthly WPI, stood at 3.58% (provisional) for the month of December, 2017 (over December, 2016) as compared to 3.93% (provisional) for the previous month and 2.10% during the corresponding month of the previous year.
Build up inflation rate in the financial year so far was 2.21% compared to a build-up rate of 3.71% in the corresponding period of the previous year.
The rate of inflation based on WPI Food Index consisting 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.
Build up inflation rate in the financial year so far was 2.21% compared to a build-up rate of 3.71% in the corresponding period of the previous year.
The rate of inflation based on WPI Food Index consisting 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.
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