New Delhi: India's wholesale price index (WPI) rose a faster-than-expected 6.84 per cent in February, clouding the policy outlook ahead of the RBI meeting next week.
Analysts polled by Reuters had expected wholesale prices, the main inflation gauge, to rise an annual 6.54 per cent, slower than an annual rise of 6.62 per cent in January.
The reading for December was revised up to 7.31 per cent from 7.18 per cent, government data also showed on Thursday.
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In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.When the general price level rises, each unit of the functional currency buys fewer goods and services; consequently, in ...

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