Wholesale inflation eases to 3.58% in December
Inflation based on the Wholesale Price Index (WPI) eased to 3.58% in December from 3.93% in the previous month due to lower food inflation. As per government data, inflation in Food Articles slowed to 4.72% while fuel inflation rose to 9.16% in December. However, the retail inflation in December accelerated to a 17-month high of 5.21%.