India’s inflation based on wholesale price index (WPI) rose to 4.17% (provisional) for the month of February 2021 as compared to 2.26% during the corresponding month of the previous year.
Component wise, primary articles index having weight of 22.62%, increased by (1.04%) to 145.4 (provisional) in February 2021 from 143.9 (provisional) for the month of January 2021. Prices of Minerals, Crude Petroleum & Natural Gas and Food Articles increased in February 2021 as compared to January 2021, while prices of Non-food Articles declined in February 2021 as compared to January 2021.
Fuel & Power index, having weight of 13.15%, increased by (4.51%) to 104.2 (provisional) in February 2021 from 99.7 (provisional) for the month of January 2021. Prices of Mineral Oils increased in February 2021 as compared to January 2021, while Prices of Electricity declined in February 2021 as compared to January 2021. Prices of coal remain unchanged.
Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by (0.64%) to 125.7 (provisional) in February 2021 from 124.9 (provisional) for the month of January 2021. Meanwhile, for the month of December 2020, the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 125.4 and 1.95% respectively.
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