New Delhi: The wholesale price-based inflation rose to 2.03 per cent in January, 2021, even as food prices cooled.
The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year.
While food articles saw softening in inflation in January, manufactured items witnessed hardening of prices, as per data released by the Commerce and Industry ministry.
Food inflation in January stood at (-) 2.8 per cent, against (-) 1.11 per cent in the previous month.
Inflation in vegetables and potatoes was (-) 20.82 per cent and 22.04 per cent during January, while in the fuel and power basket it was (-) 4.78 per cent.
In non-food articles inflation was higher at 4.16 per cent during the month under review.
The Reserve Bank of India (RBI) in its monetary policy decision on February 5, kept interest rates unchanged for the fourth consecutive meeting and said that the near-term inflation outlook has turned favourable.
Meanwhile, retail inflation, based on the consumer price index, was at 4.06 per cent in January, data released last week showed. (PTI)
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Withheld some a/cs within India, to continue advocating right of free expression: Twitter
New generation ICD with latest technology implanted at SSH Jammu
Arthritis drug no better than standard care for severe COVID-19, says study
People shouldn’t hesitate to get vaccinated, listen to scientists: Delhi’s 1st COVID patient
Gold falls Rs 148, silver declines Rs 886
Rupee gains 14 paise to 72.32 against US dollar in early trade
Gold jumps Rs 337; silver shoots up by Rs 1,149
Rupee surges 16 paise to 72.33 against US dollar in early trade
FM urges industry to unleash animal spirits; make India fastest growing economy
Download 10Cric Casino app, and enjoy Indias most popular casino games, directly on your mobile!
Gamble with real money online! Play Indias favourite casino games at 7Jackpots.com, Indias most trusted online casino site.
© 2020 State Times Daily Newspaper | Powered by Ideogram Technology Solutions [P] Ltd.