WPI inflation rises to 27-month high of 4.17% in Feb on costlier food, fuel

The wholesale price-based inflation rose for the second consecutive month to a 27-month high of 4.17 per cent in February, as food, fuel and power prices spiked.

The wholesale price-based inflation rose for the second consecutive month to a 27-month high of 4.17 per cent in February, as food, fuel and power prices spiked. The WPI inflation was 2.03 per cent in January and 2.26 per cent in February last year. After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent.