 "Wholesale price index up 6.55 per cent in February")
India's wholesale prices rose a more-than-expected 6.55 per cent year-on-year in February, compared with a 0.85 per cent fall a year ago, driven by fuel and food prices, government data showed on Tuesday.
The data compares with a 5.90 per cent annual rise forecast by economists in a Reuters poll. In January, prices rose a provisional 5.25 per cent, the fastest pace in two-and-a-half years.
Last month, wholesale food prices rose 2.69 per cent year-on-year, compared with a provisional 0.56 per cent fall in January.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%