Retail inflation climbs to 3.21% in February

Sequentially, retail inflation increased 0.1%, while food inflation fell 0.2%. Core inflation remained steady at 3.4%. "The uptick was almost entirely led by the food and beverages (F&B) segment, which accounted for as much as 44 basis points of the 47 bps rise in the headline print between these months," said Aditi Nayar, chief economist at ICRA. One basis point is 0.01 percentage point.