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

Wholesale food prices in February rose 3.29% year-on-year, compared with a 1.84 percent rise a month earlier

fruit and vegetables market, Inflation

fruit and vegetables market, Inflation

Reuters New Delhi

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.

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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First Published: Mar 14 2019 | 12:32 PM IST

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