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%.

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