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