High food prices kept the retail inflation rate above 5 per cent in February while growth in industrial production eased in January, led by deceleration in the growth of manufacturing output....
However, growth in mining( 5.9 per cent) and electricity( 5.6 per cent) accelerated during the month....
Madan Sabnavis, chief economist, Bank of Baroda, said inflation in February was purely a food-driven phenomenon, which would continue to pressure prices in the coming months....
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2024-03-13 00:00:00.0