India WPI Inflation Rises

India’s wholesale price index inflation rose to 3.39% in December from 3.15% in November, the government data showed Monday, KNNIndia reported. Manufactured products inflation rose to 3.67% from 3.20%. Meanwhile primary articles price rise slowed to 0.27% in December from 1.25% rise in November, the data showed. The food articles inflation for the month was in negative, indicating a 0.7% fall in food prices in December as compared to 1.54% rise in the previous month. While, fuel and power inflation also rose sharply to 8.65% in December from 7.07% in November, and core inflation was up at 2.2% in December as compared to 1.6% in November.