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Wholesale Price Index (WPI) Inflation: Wholesale Inflation Rose To 4 17% In February Due to Higher Food, Fuel Prices

WPI Inflation: The retail inflation for the month of February 2021 surged to 5.03 per cent The wholesale price index (WPI) inflation rose sharply to 4.17 per cent in February compared with 2.03 per cent in the month of January  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, the Ministry of Commerce & Industry said in a statement. The index of primary articles increased by 1.04 per cent to 145.4 in February, 2021 from 143.9 for the month of January, 2021, while the prices of crude petroleum and natural gas increased by 6.50 per cent and food articles rose 0.51 per cent, the Ministry of Commerce said.

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