Wholesale Inflation Hits 11-Month High of 2.13% in February

• India's wholesale inflation rose to an 11-month peak of 2.13% in February, up from 1.81% in January.
• The increase mirrors retail inflation trends, with consumer prices also rising to 3.2% in February, driven by food costs.
• Economists expect inflationary pressures to build due to rising global fuel prices linked to the West Asia crisis.
• Higher energy costs are anticipated to elevate transportation, logistics, and production expenses, impacting everyday goods.
• The Wholesale Price Index (WPI) is highly sensitive to global commodity shocks, especially fuel and industrial inputs.