This was slightly slower than January's 5.1 percent increase and economists' forecast of 5.02 percent rise. In the same period last year, inflation was 6.44 percent.
Meanwhile, food price inflation advanced to 8.66 percent from 8.30 percent a month ago.
The Reserve Bank of India aims to keep overall inflation within the tolerance band of 2-6 percent.
Month-on-month, consumer prices gained 0.16 percent in February, reversing a 0.11 percent fall in January, data showed today.
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