The official Wholesale Price Index (WPI) for 'All Commodities' (Base: 2011-12=100) for the month of February, 2020 declined by 0.6% to 122.2 (provisional) from 122.9 (provisional) for the previous month. The annual rate of inflation, based on monthly WPI, stood at 2.26% (provisional) for the month of February,2020 (over February,2019) as compared to 3.1% (provisional) for the previous month and 2.93% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 1.92% compared to a build up rate of 2.75% in the corresponding period of the previous year.
The index for primary articles group declined by 2.8% to 143.1 (provisional) from 147.2 (provisional) for the previous month. The index for fuel and power group rose by 1.2% to 103.9 (provisional) from 102.7 (provisional) for the previous month. The index for manufactured product group rose by 0.2% to 118.7 (provisional) from 118.5 (provisional) for the previous month. The rate of food inflation based on WPI Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group decreased from 10.12% in January, 2020 to 7.31% in February, 2020.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
