Onion prices bringing tears, fuel prices on fire: WPI-based inflation at 27-month high
India Today
Onion prices are bringing tears to the eyes of consumers and combined with fuel prices, wholesale inflation in India has reached a 27-month high. According to data released by the Ministry of Commerce and Industry on Monday, WPI-based inflation in February touched 4.17%.
Onion prices are bringing tears to the eyes of consumers and combined with fuel prices, wholesale inflation in India has reached a 27-month high. According to data released by the Ministry of Commerce and Industry on Monday, WPI-based inflation in February touched 4.17%. The jump is substantial when compared to the January mark of 2.03%. Analysis of the past WPI figures shows the 4.17% mark is the steepest since November 2018, when wholesale inflation touched 4.47%.More Related News