It had moderated to 12.96% in January 2022 after rising to 13.56% in December 2021.
“The excessive price of inflation in February 2022 is primarily because of rise in costs of mineral oils, primary metals, chemical substances and chemical merchandise, crude petroleum & pure gasoline, meals articles and non-food articles and so on. as in comparison with the corresponding month of the earlier 12 months,” the federal government launch mentioned.
Inflation in meals articles basket in February got here in at 8.19%, tad decrease from the ten.33% progress witnessed within the month earlier than. Inflation in vegetable costs moderated to 26.93% after having surged to 38.45% in January from 31.56% in December.
Wholesale costs of onion fell 26.37% whereas potato costs rose 14.78% after having fallen 14.45% within the month earlier than. Costs of eggs, meat & fish rose 8.14% whereas wheat costs witnessed 11.03% rise.
Crude, petroleum & pure gasoline basket witnessed a surge of 46.14% whereas crude petroleum rose 55.17%.
Inflation within the gas & energy section noticed an increase of 31.50%, solely marginally decrease than the 32.27% rise seen within the previous month. On this section, LPG, petrol & HSD (high-speed diesel) costs grew 26.27%, 58.33% & 53.59% respectively.
The manufactured merchandise section rose 9.84% in February after rising 9.42% final month & 10.62% in December 2021.
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