Wholesale inflation firms up in Feb on dearer food, fuel

The Wholesale Price Index (WPI) based inflation stood at 2.76 per cent in January, 2019.

BCCL
WPI inflation stood at 2.74 per cent during February 2018.
NEW DELHI: Higher food and fuel inflation pushed India’s wholesale inflation to 2.93% in February from 2.76% in January, data released by commerce and industry ministry showed on Thursday.

WPI was 2.74% in February 2018.

“The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from 1.84% in January to 3.29% in February,” the government said in a statement.


Fuel and power inflation which has a weightage of 13.15% in WPI, grew to 2.23% in February, as against 1.85% in January.

Inflation of primary articles, which includes kitchen essentials like potato, onion, fruits, and milk was 4.84% compared with 3.54% in January.

The government also revised downwards the wholesale inflation for December to 3.46% from 3.8% earlier.
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