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Fuel prices pushes WPI inflation to 5.25 per cent in January

High fuel inflation pushes up index as food prices keep on falling

Photo: Reuters
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<b>Photo: Reuters</b>

Subhayan Chakraborty New Delhi
Wholesale prices in the country continued to rise in January, under pressure from rapidly increasing diesel and petrol prices.

The Wholesale Price Index (WPI)-based inflation for January went up to 5.25 per cent from 3.39 per cent in December and 3.15 per cent the month before.

In December 2015, WPI inflation was a negative 1.07 per cent.

Data from the commerce ministry on Tuesday showed that food prices continued to fall in January by 0.56 per cent. As compared to this, prices of high speed diesel rose by a massive 31 per cent while petrol prices rose by 15.66 per cent.

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