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FX.co ★ India's WPI Inflation Rises to 2.37% in December, Marking an Uptick from November's 1.89%

India's WPI Inflation Rises to 2.37% in December, Marking an Uptick from November's 1.89%

India's Wholesale Price Index (WPI) inflation experienced an upward shift in December 2024, climbing to 2.37%, according to the latest data updated on January 14, 2025. This increase marks a noticeable rise from November 2024's figure of 1.89%.

The current month-on-month analysis shows a modest acceleration in wholesale price inflation, as the economy faces both domestic pressures and global economic influences. The 2.37% figure represents a year-over-year comparison with the same month a year ago, contrasting with the previous month's measure, which took into account November's inflation rate compared to its own year-over-year data from a year prior.

This incremental rise in the WPI inflation rate may prompt policymakers to review economic strategies and consider measures to manage inflationary pressures while supporting growth objectives. As India navigates these economic waters, the shift in wholesale prices could have implications across sectors, reflecting on both businesses and consumers in the coming months.

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