The inflation data is in line with a 2.50% increase forecast made by economists in a Reuters poll.
As mentioned, mild increase in wholesale food prices played a part in the easing of inflation. The February WPI rose 0.07% year-on-year, as compared to a 1.65% rise a month earlier, the data showed .
The wholesale inflation data follows the retail inflation figures for February which were released earlier this week. The retail inflation figures also showed a slight cooling in the consumer price-indexed (CPI) inflation at 4.4 per cent on the back of lower food and fuel prices.