India's consumer price inflation increased more-than-expected in February to the highest level in nearly a year, official data revealed on Thursday.
Consumer price inflation rose to 3.21 percent in February from a revised 2.74 percent in January. Economists had expected inflation to rise to 3.1 percent.
Moreover, this was the highest inflation rate since April 2025. Nonetheless, the inflation rate has remained within the RBI's tolerance range of 2 to 6.0 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.