Wholesale inflation in January fell to 18% after peaking at 54% in December. Private analysts estimate that the slowdown will continue in February.
Wholesale prices increased 18.0% in January 2024, below the Consumer Price Index for that month of 20.6%. With this, they move away from the peak of 54% that they had marked in December of last year, when retail inflation had been 25.5%. Although the data showed a strong slowdown compared to the 54% it had shown last December, it still reflects a high level of inflation with an increase of 316.9% compared to January 2023.