WPI inflation rises to 2.03% in Jan on costlier manufactured items, food prices ease

The wholesale price-based inflation rose to 2.03% in January, 2021, even as food prices cooled. "The rate of inflation, based on monthly WPI, stood at (2.03%) (provisional) for the month of January, 2021 (over January, 2020) as compared to 3.52% during the corresponding month of the previous year," an official release said. While food articles saw softening in inflation in January, manufactured items witnessed hardening of prices.