NEW DELHI (Reuters) – India’s annual retail inflation rose 6.07% in February from a year ago, remaining above the tolerance limit of the central bank for a second month in a row, government data released on Monday showed.
Analysts in a Reuters poll had predicted annual inflation to touch 5.93%, a shade lower than the upper limit of the Reserve Bank of India’s 2% to 6% target.
(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Toby Chopra)