New Delhi, March 14 (SocialNews.XYZ) India's Wholesale Price Index (WPI)-based inflation in February 2023 fell to a 24-month low of 3.85 per cent, according to data released by the Commerce Ministry on Tuesday.
WPI inflation for February 2023 was the lowest since January 2021 when it was 2.51 per cent.
In January 2023, the WPI inflation was 4.73 per cent.
Wholesale inflation in February fell mainly due to decline in prices of crude petroleum and natural gas, non-food articles a food products.
Apart from this, prices of minerals, computer, electronic and optical products, chemicals and chemical products, electrical equipment and motor vehicles also came down in February, an official statement said.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
