India’s annual wholesale inflation at (-)0.91 percent in Feb
New Delhi: India’s annual wholesale inflation eased marginally to (-)0.91 percent for February, from (-)0.90 percent in the previous month, but was higher than the (-)2.17 percent level in the like month of the previous year, official data showed on Monday.
Also, the annual inflation for food articles was higher than the overall level at 3.35 percent for the month, even as pulses were costlier by 38.84 percent over the past year, as per the data on Wholesale Price Index (WPI) released by the Commerce and Industry Ministry.
Data on retail price numbers are expected later in the evening.
The annual wholesale inflation in fuels also continued to decline, thanks to (-)7.7 percent drop in the prices of diesel and (-)1.03 percent decline in that for petrol. The 12-month inflation in manufactured products, too, was in the negative at (-)0.58 percent.
But the index for food products rose 4.4 percent during the year.