February 15, 2016
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Wholesale Price Index decline signals negative annual inflation, driven by falls in fuel, minerals and primary articles, slight manufactured uptick.
WPI for all commodities fell to 175.7 in January 2016, producing an annual inflation rate of -0.90%. Declines were driven by primary articles and fuel & power-particularly lower food articles, minerals, furnace oil, aviation turbine fuel, diesel and petrol-while manufactured products recorded a slight monthly increase with mixed movements across food products, textiles, chemicals and metals.