India's retail inflation picks up to 3.65% y/y in Feb

[NEW DELHI] India's annual consumer price inflation rose to 3.65 per cent in February, mainly driven by food prices, after touching its lowest level in at least five years in January, government data showed on Tuesday.

Economists polled by Reuters had expected last month's annual retail inflation to come in at 3.58 per cent, compared with 3.17 per cent in January.

Food inflation was 2.01 per cent last month, higher than 0.53 per cent in January.

REUTERS