India's WPI inflation slightly up to 13.11% in February

“The high rate of inflation in February 2022 is primarily due to rise in prices of mineral oils, basic metals, chemicals and chemical products, crude petroleum & natural gas, food articles and non-food articles, etc as compared to the corresponding month of the previous year,” the Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry of commerce and industry, said.

The official WPI for all commodities (Base: 2011-12 = 100) for the month of February 2022 increased to 144.9 from previous month’s 142.9.

The index for manufactured products (weight 64.23 per cent) for February 2022 increased to 138.4 from 137.1 for the month of January 2021. The index for ‘Manufacture of Textiles’ sub-group increased to 142.40 from previous month’s 140.0, while the index for ‘Manufacture of Wearing Apparel’ also increased slightly to 145.20 from 144.6 in January 2022.

The index for primary articles (weight 22.62 per cent) also rose to 166.80 in February 2022 from previous month’s 165.0. On the other hand, the index for fuel and power (weight 13.15 per cent) increased to 139.0 from 133.2 in January 2022.

Fibre2Fashion News Desk (RKS)