In February 2025, India's Wholesale Price Index (WPI) for fuel marks a significant trend of stabilization, moderating its descent to -0.71%. This is a stark improvement from the preceding month of January 2025, where the WPI stood at -2.78%. The data, updated on March 17, 2025, sheds light on the comparison of this year's February metrics to those of the same month in 2024.
This year-over-year improvement indicates a slowing pace of deflation in India's fuel prices, showcasing a recovery albeit gradual. The transition from January to February underscores a possible uptick in economic recovery as the country's fuel sector adjusts amidst shifting global and domestic market conditions.
The latest figures reflect India's ongoing efforts to stabilize its economic metrics by gradually bridging the gap between previous negative trends. Future policy implications will likely focus on boosting consumer demand and ensuring that this positive trajectory continues for the broader trade landscape.
