Wednesday, March 14, 2012

Indian WPI Inflation for Feb - 2012 at 6.95 Percent

Wholesale Price Index (WPI) went up by 6.95% in February against 6.55% in January because of sharp increase in food prices, especially vegetables and protein-based items.

WPI Inflation in February 2011 was at 9.54%.

Food inflation was 6.07% in February against - 0.52% in January. Food articles have 14.3% share in the WPI basket.

Prices of manufactured items, which has around 65% weight in the WPI index, went up by 5.75% YoY in February, as against 6.49% in the previous month.


The headline inflation numbers for December was revised to 7.74% from 7.47%.

No comments:

Post a Comment

15 Stock Investment Tips from Rakesh Jhunjhunwala

1. Always go against tide. Buy when others are selling and sell when others are buying.  2. If you believe in the growth prospects o...