India’s WPI inflation rises to 4.17% in Feb

New Delhi: India’s annual rate of inflation based on wholesale prices sequentially rose to 4.17 percent in February from a rise of 2.03 percent in January.

Similarly, the January inflation rate last month was higher on a year-on-year basis.

“The rate of inflation, based on monthly WPI, stood at (4.17 percent) (provisional) for the month of February 2021 (over February 2020, as compared to 2.26 percent) during the corresponding month of the previous year,” a Ministry of Commerce and Industry statement on WPI said.

(IANS)