The wholesale price index (WPI)-based inflation eased in January to 0.2 per cent from 0.27 per cent in the preceding month.
The WPI inflation was in the negative zone from April to October and had turned positive in November at 0.26 per cent.
Click here to follow our WhatsApp channel
"The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.20 per cent (provisional) for the month of February, 2024 (over February, 2023)," the commerce and industry ministry said in a statement on Wednesday.
Food inflation moved up marginally to 6.95 per cent in February from 6.85 per cent in January, data showed.
Inflation in vegetables was 19.78 per cent, up from 19.71 in January.
The WPI inflation in pulses was at 18.48 per cent in February compared to 16.06 in January.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Also Read
WPI-based inflation increases to 0.73% in December on rise in food prices
WPI inflation in Nov at 0.26%, returns to positive territory after 7 months
Wholesale inflation eases to 0.27% in January, food inflation at 3.79%
Higher food prices push WPI inflation to 9-month high in December
Wholesale inflation at -0.52% in Oct; in negative territory for 7th month
Fitch raises GDP growth estimates for FY24, FY25, tempers view on rate cuts
How UK visa rule change will impact Indian students, workers, caregivers
Niti Aayog bats for easy financing, e-commerce push to boost MSME exports
Do we need new line to assess poverty? Should an expert panel be appointed?
Centre replaces FAME with EMPS to promote e2W, e3W, 4-wheelers kept out