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India's WPI inflation rises to 2.38% in Feb 2025: Govt

17 Mar '25

2 min read

India's WPI inflation rises to 2.38% in Feb 2025: Govt

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India's wholesale price index (WPI)-based inflation rose to 2.38 per cent in February, mainly due to a rise in fuel and power prices along with higher manufacturing, ministry of commerce and industry data revealed.
The figure is higher than 2.31 per cent, the January rate.
The WPI for manufactured products rose by 0.42 per cent.
The month-on-month change in WPI for February was 0.06 per cent.

India’s wholesale price index (WPI)-based inflation rose to 2.38 per cent in February this year, mainly due to a rise in fuel and power prices along with higher manufacturing, according to data released by the ministry of commerce and industry.

The figure is higher than 2.31 per cent, the January WPI rate.

The index for manufactured products increased by 0.42 per cent.

The fuel and power index increased by 2.12 per cent to 153.8 (provisional) in the month from 150.6 (provisional) in January, driven by a 4.28-per cent rise in electricity prices and a 1.87 per cent rise in mineral oil prices.

The month-on-month change in WPI for February stood at 0.06 per cent. The WPI for manufactured products increased by 0.42 per cent to 143.8 (provisional) in February from 143.2 (provisional) in January.

Sectors that saw a month-on-month decrease in WPI in February included leather and related products.

The country’s consumer price index-based (CPI) inflation rate for February was 3.61 per cent, marking the first time in six months that it fell below the central bank’s 4-per cent target.

The index of industrial production (IIP) grew by 5 per cent in January this year from 3.2 per cent in December last year. The growth was driven by robust performances in the manufacturing and mining sectors.

Fibre2Fashion News Desk (DS)

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