Wholesale inflation dips to 3.85 pc in Feb

New Delhi, Mar 14 (Agency) India’s wholesale inflation dipped to 3.85 per cent in February 2023 from 4.73 per cent in the previous month, data released by Commerce Ministry showed on Tuesday. “Decline in the rate of inflation in February, 2023 is primarily contributed by fall in prices of crude petroleum and natural gas, non-food articles, food products, minerals, computer, electronic and optical products, chemicals and chemical products, electrical equipment and motor vehicles, trailers and semi-trailers,” the Commerce Ministry said. The month over month change in WPI for the month of February 2023 stood at 0.20 pc as compared to January 2023, the data showed.