New Delhi

INDIA'S retail inflation accelerated more than economists estimated and factory output rose, complicating central bank governor Raghuram Rajan's next move after an unscheduled interest-rate cut last week.

Consumer prices rose 5.37 per cent in February from a year earlier after a revised 5.19 per cent increase in January, the Statistics Ministry said in a statement in New Delhi on Thursday. Industrial production rose 2.6 per cent in January, compared with a 1.7 per cent rise the previous month and 0.7 per cent predicted gain.