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Wholesale inflation rises to 2.93 percent in February after 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.

business Updated: Mar 14, 2019 12:35 IST
Reuters
Reuters
New Delhi
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.
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.(Bloomberg)
         

The annual wholesale price inflation in February accelerated to 2.93 %, 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.

First Published: Mar 14, 2019 12:20 IST