Business Standard

Wholesale inflation eases to 0.2% in Feb, food inflation rises marginally

The WPI inflation in pulses was at 18.48% in February compared to 16.06 in January

Inflation, Asian economy

Headline inflation data in February from Thailand, Indonesia, the Philippines, South Korea, China, India and Taiwan exceeded economist estimates mostly due to a surge in food prices. Photographer: Dimas Ardian/Bloomberg

Press Trust of India New Delhi

Listen to This Article

The wholesale price index (WPI)-based inflation eased in January to 0.2 per cent from 0.27 per cent in the preceding month.

The WPI inflation was in the negative zone from April to October and had turned positive in November at 0.26 per cent.

"The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.20 per cent (provisional) for the month of February, 2024 (over February, 2023)," the commerce and industry ministry said in a statement on Wednesday.

Food inflation moved up marginally to 6.95 per cent in February from 6.85 per cent in January, data showed.

 

Inflation in vegetables was 19.78 per cent, up from 19.71 in January.

The WPI inflation in pulses was at 18.48 per cent in February compared to 16.06 in January.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 14 2024 | 12:37 PM IST

Explore News