Monday, Mar 17 2025 | Time 16:26 Hrs(IST)
Business Economy


Wholesale inflation marginally up at 2.38 pc in Feb

Wholesale inflation marginally up at 2.38 pc in Feb

New Delhi, Mar 17 (UNI) India's wholesale price index (WPI)-based inflation rose marginally to 2.38% year-on-year in February 2025 from 2.31% in the previous month, as per official data released on Monday.

"The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.38% (provisional) for the month of February, 2025 (over February, 2024)," Ministry of Commerce and Industry said in a press release.

Positive rate of inflation in February, 2025 was primarily due to increase in prices of manufacture of food products, food articles, other manufacturing, non-food articles and manufacture of textiles among others.

The month over month change in WPI for the month of February, 2025 stood at 0.06% as compared to January, 2025.

The WPI captures the average movement of wholesale prices of goods and is primarily used as a GDP deflator. It reckons only basic prices and does not include taxes, rebate/trade discounts, transport and other charges.

Unlike consumer price index (CPI)-based inflation which is based on prices paid by consumers for buying goods and services, WPI inflation tracks prices of goods at wholesale or bulk level.

Staying below Reserve Bank of India's (RBI) comfort level, India's retail inflation fell to a seven-month low of 3.61% in February this year.

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