Wholesale inflation hits 11-month high at 2.13%; crude surge may lift WPI further
Wholesale price inflation accelerated to 2.13 per cent in February–the highest level in 11 months–as firming prices of food and non-food articles kept cost pressures elevated despite some easing in vegetable inflation, official data released on Monday showed.The WPI-based inflation rate has now risen for the fourth consecutive month. It stood at 1.81 per cent…
