Wholesale Inflation Climbs Up to 2.38% as Manufacturing Products Bope Dearer


Representational image of a vegetable market in Coimbatore / the Hindu. , Photo Credit: Siva Saravanan S.
Wholesale Inflation Increased to 2.38% as cost of manufactured products Increased in February 2025, from 2.31% in the previous month, according to data from minisstry of commerery and Industry.
Inflation of Manufactured Products Increased to a Two-Year High of 2.86% in the reporting month. “Excluding Food, Core manufactured wpi inflation rose to 1.3% yoy from 1.0% in January. We Think Core WPI Inflation May Rise Gradually Over the Coming Months, Reflecting the Rise in International Metal Prisies in February ”According to Aasha Gudwani, India Chif ECONOMIST AACONOMIST AACONOMITE ACONDA GUDWANI, India.
Primary Articles Continued to Disinflate for Six Consecurable Months Coming in at 2.81% in February 2025. Expectedly, the correction is now tapering, ”MS. Gudwani Wrote in the Research Note. The Non-Food Primary Inflation Rose to 4.84% in the reporting month as against 2.85% in the previous month. The Increase Was However on Account of a Lower Base, MS. Gudwani Wrote.
Fuel and Power Sector Experienced A Deflation of 0.71%, Slowing from a Fall in Prices by 2.78% in January 2025. Price change in the sector has ben in the negative territory for sex.
“Looking ahead, while healthy plant output and an elevated base is expected to lead to further cooling in the wpi-faood inflation in the Near Term, Higher-Normal TEMPERES POSE POSDED RISD RISK TOOON Inflation Trajectory. Overall, ICra expects the WPI Inflation to Average at ~ 2.5-3.0% in FY2026, “said Rahul Agrawal, Senior Economist, ICRA Limited.
Published – March 17, 2025 01:10 pm IST