India's wholesale inflation in February cools marginally at 2.48%

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 14 March 2018 7:13 AM GMT

Indias wholesale inflation in February cools marginally at 2.48%
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India's February Wholesale Price Index inflation spikes to 2.93%
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New Delhi: Wholesale price-indexed (WPI) inflation in India during February softened marginally at 2.48 percent from 2.84 per cent in the previous month, official data showed on Wednesday.

According to the Commerce Ministry data, the WPI inflation in February 2017 was more than double at 5.1 per cent.

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Wednesday's wholesale inflation data follows the retail inflation figures for February released earlier this week which showed a slight cooling in the consumer price-indexed (CPI) inflation at 4.4 per cent on the back of lower food and fuel prices.

--IANS

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

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