Last month, wholesale food prices rose 3.12% y-o-y, compared with provisional 2.69% rise in February
The data justifies the Reserve Bank of India's caution on loose monetary stance
WPI-based inflation rose to a 30-month high of 5.2% in January from 3.4% in December
Wholesale inflation rose to a two-and-a-half-year high of 5.2 per cent in January
High fuel inflation pushes up index as food prices keep on falling
In November, prices rose a provisional 3.15 percent
Last month, wholesale food prices rose 1.54 percent year-on-year, compared with a provisional 4.34 percent gain in October.
However, provisional estimates for Sept released on Friday may be taken with some degree of caution