India’s wholesale inflation cools to 0.20% in February
The month-on-month change in the WPI index for February 2024 was 0.07% compared to January 2024.
The month-on-month change in the WPI index for February 2024 was 0.07% compared to January 2024.
WPI inflation surges for 2nd month straight on increase in food articles, machinery & equipment, computers, electronics & optical products prices
Wholesale inflation in the fuel and power basket rose from -6.03% in August to -3.35% in September.
Negative rate of wholesale inflation primarily attributed to fall in prices of mineral oils, basic metals, chemical & chemical products, textiles, and food products
The wholesale price index (WPI) rose to -1.36% in July as against -4.12% in June owing to an increase in food prices, according to the ministry of commerce & industry
This is the 13th consecutive month when the wholesale price index (WPI) has declined.
Wholesale inflation for manufactured products declined to -2.97% in May from -2.42% in April. Wholesale inflation for food products declined from 0.17% in April to -1.59% in May.
The drop in the rate of inflation in April is primarily due to a fall in prices of basic metals, food, and manufactured products.
The rate of inflation based on WPI Food Index decreased from 2.95% in January to 2.76% in February.
Wholesale price inflation declined from a peak of 15.88% in May 2022 to 4.95% in December 2022.