India | Inflation picks up in February on higher food prices
Published on Wednesday, March 14, 2012 | Updated on Thursday, June 16, 2016
India | Inflation picks up in February on higher food prices
Summary
After a four-month moderating trend, wholesale price inflation unexpectedly rose in February, to 6.95% y/y from 6.55% in the previous month (BBVA: 6.4% y/y; consensus: 6.7%). The upturn was driven by a jump in food prices (5.9% y/y vs 1.6% in January).
Geographies
- Geography Tags
- Asia
Topics
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- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist