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February WPI inflation rises to 2.93% on jump in food, fuel prices

Reuters/New Delhi 14 Mar 19 | 12:32 PM

India's annual wholesale price inflation in February accelerated to 2.93 percent, government data showed on Thursday, pushed by a jump in the prices of food and fuel products, after falling to a 10-month low of 2.76 percent in January.

The wholesale price inflation last month was higher than a 2.88 percent increase forecast by economists in a Reuters poll.

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Wholesale food prices in February rose 3.29 percent year-on-year, compared with a 1.84 percent rise a month earlier, the data showed.

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ICICI Bank431.505.09
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