NEW DELHI – India’s annual wholesale price-based inflation accelerated to 13.11% in February from the previous month’s 12.96%, government data showed on Monday.
February’s figure was higher than 12.10% forecast in a Reuters poll of analysts, amid higher fuel prices, which were up 31.50% on the year, versus 32.27% in January.
(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Kim Coghill)