Inflation stays negative for 16th month

The Wholesale Price Index-based inflation remained in the negative zone for a 16th straight month at (-)0.91 per cent in February as food articles, mainly vegetables and pulses turned cheaper.

The Wholesale Price Index-based inflation was (-)0.9 per cent in January. In February last year, it was (-)2.17 per cent. This is the 16th straight month since November 2014 when deflationary pressure has persisted.

Food inflation stood at 3.35 per cent in February compared with 6.02 per cent in January, showed official data, which was released today. Inflation in pulses and onion eased to 38.84 per cent and (-)13.22 per cent, respectively. The rate of price rise in the case of vegetables was (-)3.34 per cent, and for fruits, it stood at (-)1.95 per cent.


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