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Asian Economic News

India Inflation Accelerates In February

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

India's consumer price inflation accelerated more-than-expected in February, figures published by the statistics ministry showed on Friday.

Consumer price inflation advanced to 5.03 percent in February from 4.06 percent in January. The expected rate was 4.83 percent.

Similarly, food price growth climbed to 3.87 percent from 1.96 percent in the prior month.

Data revealed that clothing and footwear prices grew 4.21 percent and housing costs moved up 3.23 percent. Fuel and light charges gained 3.53 percent.

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