India's wholesale prices rise 2.13% ⁠year-on-year in February

Wholesale food prices rose ‌1.85% year-on-year in February after ⁠rising 1.41% in January.

New Delhi: India's ⁠wholesale prices accelerated to 2.13 per cent ⁠year-on-year in February ‌after a 1.81 per cent ​rise a month ago on the back of higher food prices, government ​data showed ⁠on Monday.

Economists polled by Reuters had projected wholesale prices to rise ⁠2 per cent in February.

• Wholesale food prices rose ‌1.85 per cent year-on-year in February after ⁠rising 1.41 per cent in January.

• Vegetable prices ‌increased 4.73 per cent year-on-year ‌in February after a 6.78 per cent year-on-year rise ‌a month ago.

• Prices of manufactured products rose 2.92 per cent ⁠year-on-year ⁠in February, as compared to a 2.86 per cent year-on-year increase a month ago.

• Fuel and power prices declined 3.78 per cent year-on-year ​in February after a ​4 per cent year-on-year ​drop in January.