India's wholesale inflation eases to 0.27 pct in January

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India's wholesale inflation eases to 0.27 pct in January

STORY: India's wholesale inflation eases to 0.27 pct in January SHOOTING TIME: Feb. 10, 2024 DATELINE: Feb. 16, 2024 LENGTH: 0:01:14 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market area 3. various of fuel station STORYLINE: 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. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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