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India's wholesale prices drop 2.06 percent in Feb

India Blooms News Service | | 16 Mar 2015, 12:36 pm
New Delhi, Mar 16 (IBNS) India's Wholesale Price Index stood at -2.06% for the month of February as compared to -0.39% for the previous month and 5.03% during the corresponding month of the previous year.

"The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month of February, 2015 declined by 1.4 percent to 175.8 (provisional) from 178.3 (provisional) for the previous month," read a government statement.

"Build up inflation rate in the financial year so far was -2.50% compared to a build up rate of 5.53% in the corresponding period of the previous year," it said.

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