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India Wholesale Price Index Up 0.20% On Year
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.20% (Provisional) for the month of February, 2024 (over February, 2023). Positive rate of inflation in February, 2024 is primarily due to increase in prices of food articles, crude petroleum & natural gas, electricity, machinery & equipment and motor vehicles, trailers & semi-trailers etc. The month over month change in WPI index for the month of February, 2024 stood at 0.07% as compared to January, 2024.