India’s February wholesale rising cost of living increases to 2.38%, food rates up 5.94%–

Wholesale cost rising cost of living partially climbed to 2.38 percent in February because of costly made food things like greases and drinks, federal government information launched on Monday revealed.

The Wholesale Price Index (WPI) based rising cost of living was 2.31 percent inJanuary It was 0.2 percent in February 2024.

The low rise in WPI was observed after 3 successive months of decrease. The month-over-month adjustment in WPI for the month of February stood at 0.06 percent as contrasted to January.

Positive price of rising cost of living in February, 2025 is mostly because of the rise in rates of manufacture of food, food posts, various other production, non-food posts and manufacture of fabrics, and so on, according to the declaration released by the Ministry of Commerce & & Industry.

As per the information, rising cost of living in made food climbed to 11.06 percent, grease climbed by 33.59 percent, while drinks boosted partially to 1.66 percent throughout the month.

Overall, the made items index boosted by 0.42 percent in February.

However, rates of veggies cooled down with potato rates going down to 27.54 percent from 74.28 percent throughout the month. Besides, rates of milk regulated at 1.58 percent from 5.40 percent in the previous month.

Fruits and onion rates were still ruling high with 20 percent and 48.05 percent rising cost of living specifically.

The gas and power group saw a depreciation of 0.71 percent in February, versus a depreciation of 2.78 percent in the previous month.

Retail rising cost of living information launched on Wednesday revealed that Consumer Price Index (CPI) based rising cost of living alleviated to a 7-month low of 3.61 percent in February on relieving rates of food things.

According to ICRA Senior Economist Rahul Agrawal, the down stress on the heading print therefore the dip in food rising cost of living was balanced out by the constricting depreciation in the gas and power sector, and an uptick in the core (non-food production) WPI rising cost of living to a 24-month high of 1.3 percent.

Looking in advance, he claimed, while healthy and balanced plant result and a raised base is anticipated to cause additional air conditioning in the WPI-food rising cost of living in the close to term, higher-than-normal temperature levels posture an upside danger to the food rising cost of living trajectory.

Overall, ICRA anticipates the WPI rising cost of living to standard at 2.5-3 percent in the fiscal year 2025-26, he included.