Government of India (GoI) reports Wholesale Price Index (WPI) inflation at 2.13% for February

Key facts

• The Wholesale Price Index (WPI) based inflation rose to an 11-month high of 2.13% in February, compared to 1.81% in January and 0.96% in December.
• Manufactured products, which carry the largest weight in the WPI basket, saw inflation rise to 2.92% in February from 2.86% in January.
• Inflation in primary articles, including agricultural commodities and minerals, increased to 3.27% in February from 2.21% in January.
• Food inflation grew to 1.85% in February as compared to a 1.41% gain recorded in January.
• Fuel and power inflation remained in negative territory at -3.78% in February, though the index for this category rose 1.17% on a month-on-month basis.
• Crude petroleum and natural gas prices rose by 4.17% during the month, while non-food articles increased by 0.83%.
• India’s retail inflation for February was recorded at 3.21% prior to the impact of the West Asia conflict.