Inflation in India rose for the first time in four months as the year-on-year fall in food prices eased. According to data by the Ministry of Statistics and Program Implementation, CPI inflation stood at 2.57 percent in February compared to a revised 1.97 percent in January 2019. Core inflation, however, remained elevated.
CPI food inflation stood at -0.66 percent in February compared to -2.17 percent in January. Fuel and light inflation stood at 1.24 percent in February compared to 2.2 percent in January.
Inflation in the households goods and services segment stood at 6.29 percent compared to 6.45 percent in January. Health inflation was at 8.82 percent compared to 8.93 percent in January.
Vegetable prices declined 7.69 percent over last year in February, compared to a 13 percent year-on-year decline in January.
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