Comments
India's annual wholesale price inflation eased in February for the third straight month after touching an eight-month high in November, helped by a softer rise in food and fuel prices, government data showed on Wednesday. Annual wholesale price inflation last month slowed to 2.48 per cent from a year earlier, from a provisional 2.84 per cent rise in January.
The latest inflation was in line with a 2.50 per cent increase forecast by economists in a Reuters poll. Wholesale food prices in February rose 0.07 per cent year-on-year, compared with a 1.65 per cent rise a month earlier, the data showed.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.