India Wholesale Price Index Change

In February, food prices went up 2.69 percent from a year earlier, following a 0.56 percent drop in the preceding month. Among food prices, wheat recorded the largest increase (8.36 percent), followed by fruits (7.14 percent), cereals (6.09 percent), rice (4.40 percent) and milk (3.93 percent) and egg, meat & fish (3.79 percent). In contrast, cost fell for: onions (-18.85 percent), potatoes (-8.84 percent), vegetables (-8.05 percent) and pulses (-0.79 percent). 

Cost of manufactured products increased by 3.66 percent, compared to a 3.99 percent rise in the previous month.

Petrol prices rose 16.72 percent year-on-year, following a 18.14 percent gain in January. Cost of diesel also increased by 33.14 percent,  compared to a 31.10 percent rise in a month earlier.

 On a monthly basis, wholesale prices went up 0.5 percent, compared to a 1.0 percent rise in the prior month.