NEW DELHI, Feb. 14 (Xinhua) -- India's wholesale price index (WPI) eased 0.27 percent in January, data released by the federal Ministry of Commerce and Industry showed on Wednesday.
"Positive rate of inflation in January 2024 is primarily due to increase in prices of food articles, machinery and equipment, manufacturing, minerals, transport equipment, etc," reads a statement issued by the ministry.
WPI for December 2023 was recorded at 0.73 percent.
WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. ■