Food price pressures an obstacle in swifter fall in retail inflation target of 4%: RBI

The Wholesale Food Index (WPI) picked up from 3.8% in January to 4.1% in February, while primary articles’ prices rose 4.5% as compared to 3.84% in January. On a month-on-month basis, the WPI was 0.07% higher, with primary articles rising 0.22% and the Food Index up 0.17%. Read The Rest at :