<span style="color: #222222;">Commerce and Industry Ministry said that the wholesale price Index based on Inflation maintains a declining trend. It said, the annual rate of inflation is 12.96 percent of last month, which is a continuous decline from 14.87 percent in November, 2021 and 13.56 percent in December, 2021.<br />''<br />''The Ministry said that the high rate of inflation in last month is primarily due to rise in prices of mineral oils, crude petroleum and natural gas, basic metals, chemicals and chemical products, food articles etc as compared to the corresponding month of the previous year.<br />''<br />''The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade released index numbers of wholesale prices in India for the month of January, 2022 and for the month of November, 2021 today. </span><br />