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WPI inflation jumps to 27-month high in Feb at 4.17%


WPI inflation jumps to 27-month high in Feb at 4.17%
The Wholesale Price Index-based inflation stood at 4.17 per cent in February 2021 as against 2.03 per cent a month ago
BusinessToday.In | March 15, 2021 | Updated 13:32 IST
WPI inflation in Feb sttod at 4.17 per cent
Wholesale inflation in India climbed to the highest in 27 months as commodity prices increased. The Wholesale Price Index-based inflation stood at 4.17 per cent in February 2021 as against 2.03 per cent a month ago. This is the highest since November 2018, when wholesale inflation was at 4.47 per cent.
The rate of inflation, based on monthly WPI, stood at (4.17 per cent) (provisional) for the month of February, 2021 (over February, 2020) as compared to 2.26 per cent during the corresponding month of the previous year, stated the Ministry of Commerce and Industry. ....

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India's WPI inflation rises to 2.03% in January – highest in 11 months


India’s WPI inflation rises to 2.03% in January – highest in 11 months
The WPI inflation figure for January 2020 was 3.52%.
Representative image: Vendors wait for customers at their respective shops at a retail market in Kolkata.
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Reuters
The wholesale price-based inflation rose to a 11-month-high at 2.03% in January this year, as compared to 1.22% in December, showed data released by the government on Monday. This was mainly due to an increase in the prices of manufactured goods. The WPI inflation, an indicator of prices in the wholesale market, for January 2020 was 3.52%.
The rate of inflation based on WPI Food Index decreased from 0.92% in December to -0.26% in January. For manufactured products, the inflation rose to 5.13% in January, as compared to 4.24% in December. ....

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