Wholesale inflation rises to 2.03% in Jan from 1.22% in Dec The increase in WPI inflation came on the back of rise in manufactured products' prices, negating decline prices for primary articles, fuel and power, and food items Vivek Punj | February 15, 2021 | Updated 16:18 IST Wholesale inflation for food items eased in January Wholesale inflation, calculated on the basis of Wholesale Price Index (WPI), increased to 2.03 per cent in January, in comparison to 1.22 per cent in December 2020, showed data released by Ministry of Commerce and Industry on Monday. Wholesale price-based inflation in January 2020 stood at 3.52 per cent, the date reflected. "The rate of inflation, based on monthly WPI, stood at (2.03 per cent) (provisional) for the month of January, 2021 (over January, 2020) as compared to 3.52 per cent during the corresponding month of the previous year," the ministry stated.