India’s wholesale prices rose in February, data from the Ministry of Commerce & Industry showed on Monday.
The wholesale price index increased 4.17 percent year-on-year in February, following a 2.03 percent increase in January. Economists had expected a 3.2 percent rise.
The primary articles price index grew 1.82 percent annually in February, after a 2.24 percent decline in the previous month.
Food prices rose to 3.31 percent in February, after a 0.26 percent fall in the previous month.
Fuel and power prices gained 0.58 percent in February, after a 4.78 percent fall in the prior month.
Prices of manufactured products grew 5.81 percent in February, following a 5.13 percent gain in the previous month.
The final wholesale prices rose 1.95 percent in December.
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