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Inflation cools to 9-month low of 4.68% in February

14 Mar 2014

March 14: India's wholesale inflation eased to a nine-month low of 4.68% in February, on decline in the rate of price rise in food articles, mainly vegetables, an official release said.

This is the third straight month of decline in the wholesale price-based inflation. The WPI was at 5.05 % in January, 2014.

During February, inflation in food articles came down slightly to 8.12% as against 8.80% in the preceding month, according to the Wholesale Price Index (WPI) data.

Data released earlier this week showed that retail inflation declined to a 2-year low of 8.10% and IIP increased marginally by 0.1% in January 2014.

According to the WPI data, inflation in the primary articles basket and the fuel and power segments was at 6.33% and 8.75%, respectively.

Inflation in manufactured products such as sugar and edible oils remained flat at 2.76% on a monthly basis.