Home / Business / Money / Feb WPI inflation falls to all-time low of -2.06%

Feb WPI inflation falls to all-time low of -2.06%

Inflation, as measured by the wholesale price index (WPI), fell a steep -2.06 percent, marking the fourth straight month of deflation in prices.

Feb WPI inflation falls to all-time low of -2.06%

The News International Team

Inflation, as measured by the wholesale price index (WPI), fell a steep -2.06 percent, marking the fourth straight month of deflation in prices. A CNBC-TV18 poll of economists forecast WPI to come in at -0.65 percent.

Data released by the government today showed year-on-year inflation fell to the lowest level since data has been tracked in the current 2005 series.

WPI inflation for December was revised lower from 0.11 percent to -0.5 percent.

Leave a Reply

Scroll To Top