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The pick up in CPI primarily came on the back of food as food prices accelerated to 9.7% in February from 9.5% a month before. Within the food category, fruits and vegetables were the key contributors to higher prices.
Weekly Insight -- Consumer prices accelerate unexpectedly
Annual headline CPI climbed to 7.6% in February from 7.4% in January.The pick up in CPI primarily came on the back of food as food prices accelerated to 9.7% in February from 9.5% a month before. Within the food category, fruits and vegetables were the key contributors to higher prices.
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