India’s wholesale inflation ticks up to 0.83% in Dec after contracting 0.32% in Nov

Indias wholesale price inflation rose to 0.83% in December from a 0.32% contraction in November, exceeding market expectations of 0.30%, government data showed. Retail inflation also edged up to a three-month high of about 1.3% in December as food deflation eased, though it remained below the RBIs 4% target for the fourth straight month.