FOOD ITEMS REMAIN COSTLY: Wholesale inflation eases to over 2-year low of 3.85% in February
Millennium Post Delhi|March 15, 2023
The wholesale price-based inflation declined to over two-year low of 3.85 per cent in January on easing prices of manufactured items, fuel and power, even though food articles remained expensive.
FOOD ITEMS REMAIN COSTLY: Wholesale inflation eases to over 2-year low of 3.85% in February

This is the ninth straight month of decline in the rate of wholesale price-index (WPI) based inflation.

The WPI inflation was 4.73 per cent in January and 13.43 per cent in February, last year.

"Decline in the rate of inflation in February 2023 is primarily contributed by fall in prices of crude petroleum & natural gas, non-food articles, food products, minerals, computer, electronic & optical products, chemicals & chemical products, electrical equipment and motor vehicles, trailers & semi-trailers," the commerce and industry ministry said on Tuesday.

The 3.85 per cent WPI inflation is the lowest since January 2021, when the rate of price rise on wholesale basis was 2.51 per cent.

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هذه القصة مأخوذة من طبعة March 15, 2023 من Millennium Post Delhi.

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