The wholesale price index (WPI)-based inflation increases from 0.26% in November to 0.73% in December.
This is the highest wholesale inflation registered in the past nine months.
The WPI inflation in December has increased mainly due to higher prices of food articles, machinery & equipment, other manufacturing, other transport equipment, and computer, electronics & optical products, among others.
The WPI inflation was in the negative zone from April to October.
The food inflation has increased to 9.38 per cent from 8.18% in November 2023.
In November, the WPI-based inflation had increased due to food inflation.
If the global oil prices rise, the overall inflation could witness a further increase in the coming months.
