India's WPI Inflation Rises to 2.13% in February

India's wholesale price inflation accelerated to an 11-month high of 2.13 percent in February, marking the fourth consecutive month of increase, according to government data released on Monday. The rise, up from 1.81 percent in January, was driven primarily by higher prices in food articles, nonfood articles, manufactured products, basic metals, and textiles, officials from the Ministry of Commerce and Industry reported.

The Wholesale Price Index, which tracks changes in prices at the producer level across various commodities, reflected broad-based pressures in the industrial and agricultural sectors. Inflation in food articles climbed to 2.19 percent from 1.55 percent the previous month, even as vegetable prices eased to 4.73 percent from 6.78 percent. However, prices for pulses, potatoes, eggs, meat, and fish registered upticks during the period. Overall, primary articles saw inflation surge to 3.27 percent from 2.21 percent, while manufactured products inched up to 2.92 percent from 2.86 percent. Nonfood articles experienced a sharper increase, reaching 8.80 percent compared to 7.58 percent in January.

Deflation in the fuel and power category narrowed slightly to 3.78 percent...