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Five charts show what’s caused inflation in February

Food and beverages continued to be a major driver of inflation in February
March 12, 2026 / 17:35 IST
Inflation can bite in coming months
Snapshot AI
  • India's retail inflation increased to 3.21% in February.
  • Food prices increased 3.35% year-on-year in February
  • Personal care and services inflation surged to 19.64%

India’s retail inflation inched up to 3.21 percent in February, compared with a revised 2.74 percent in January, according to data released by the Ministry of Statistics and Programme Implementation on March 12. Food and beverages continued to be a major driver of inflation in February, with prices rising 3.35 percent year-on-year. Clothing and footwear inflation remained moderate at 2.81 percent, indicating stable price trends in apparel and related products. The most striking increase came from personal care, social protection and miscellaneous goods and services, where inflation surged to 19.64 percent, making it the fastest rising component in the CPI basket for February.

India’s inflation inched to 3.2 percent in February, as food prices rose faster at 3.5 percent

Inflation has been rising for a fourth consecutive month

Tomato remained a concern, while onion, potato and dal remained in deflation

Gold and silver also kept inflation high

While some services continued to see price rise of 8%

Ishaan Gera
first published: Mar 12, 2026 05:29 pm

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