Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)
Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)

WPI inflation rises to 2.93% in February on costlier vegetables, fuel

  • Wholesale food prices in February rose 3.29% year-on-year
  • The wholesale price inflation accelerates after falling to a 10-month low of 2.76% in January

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% in January.

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

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

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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