India’s Wholesale Price Index (WPI) inflation for January stood at 0.27%, a decrease from 0.73% in the previous month. The WPI measures the average change in prices of goods at the wholesale level.
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It takes into account goods traded between companies, reflecting the cost of production or manufacturing. On the other hand, the Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services, including food, transportation, and medical care.
It reflects the retail consumer level prices. The WPI inflation is expected to rise in the second half of the fiscal year, while the CPI inflation for India dropped to a three-month low in January, with food inflation at 8.30%
