The February consumer price index (CPI) rose to 5.37 percent versus 5.11 percent in the previous month mainly due to a spike in food inflation (6.7 percent). However, the industry output data (IIP) for January came in at 2.6 percent, higher than the CNBC-TV18 poll estimates of 0.47 percent.
first published: Mar 12, 2015 05:36 pm
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