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LATEST NEWS UPDATES | Wholesale price inflation at a seven-month low of 2.48% in February

Wholesale price inflation at a seven-month low of 2.48% in February

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published Published on Mar 14, 2018   modified Modified on Mar 14, 2018
-PTI

WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88%

Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables.

On the basis of the Wholesale Price Index (WPI), inflation was at 2.84% in January, and 5.51% in February 2017.

WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88%.

According to a government data released on Wednesday, inflation in food articles slowed to 0.88% in February, from 3% in the preceding month.

Inflation in vegetables softened with annual inflation at 15.26% as against 40.77% in January.

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Hindustan Times, 14 March, 2018, https://www.hindustantimes.com/business-news/wholesale-price-inflation-eases-for-third-straight-month-to-2-48-in-february/story-Lke3bAAlWlCaG7VHrDUUqO.html


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