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Wholesale inflation up in Feb on sticky fuel, power prices
Mint Chennai
|March 18, 2025
Price boost
India's inflation based on wholesale prices rose to 2.38% in February, up from 2.31% in the previous month, according to provisional data released by the commerce ministry on Monday.
The rise in wholesale prices in February was led by a slower pace of contraction in fuel and power inflation and a pick-up in the prices of manufactured products.
The latest wholesale inflation, a proxy for producer prices, was marginally higher than the 2.36% projected by economists in a Reuters poll.
Food prices, a major contributor to the index, increased by 5.94% annually in February, but eased from December's 8.85% rise and January's 7.47%.
Dit verhaal komt uit de March 18, 2025-editie van Mint Chennai.
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