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Wholesale inflation eases to 2.48% in Feb; food, fuel prices up marginally

Wholesale eggs, meat & fish inflation at -0.22% against 0.37%

Reuters  |  New Delhi 

A worker sorts oranges at the Mundhera wholesale market in Allahabad. Photo: Reuters

India's annual wholesale price inflation eased to 2.48 per cent in February for the third straight month after touching an eight-month high in November, helped by a softer rise in and 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 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.

& Power inflation at 3.81 per cent against 4.08 per cent (M-o-M).

Non-articles inflation at -2.66 per cent against -1.23 per cent (MoM). Wholesale eggs, inflation at -0.22 per cent against 0.37 per cent (MoM). All index unchanged (MoM). Manufactured products index up 0.4 per cent (MoM). & power group index up 1.2 per cent (MoM). articles index down 1.99 per cent (MoM).

First Published: Wed, March 14 2018. 23:55 IST