In association with

India's WPI inflation touches six-month high in October | Reuters

NEW DELHI (Reuters) - India’s annual wholesale price inflation picked up in October to a six-month high, driven by faster rises in prices of food and fuel products, government data showed on Tuesday. A vendor sorts out cabbages at his stall at a wholesale vegetable market in Mumbai, India, October 16, 2017. REUTERS/Danish Siddiqui/FilesIndia’s annual wholesale price inflation last month increased to 3.59 percent from a year earlier from a provisional 2.60 percent in September. The rise compares with a 3.01 percent increase forecast by economists in a Reuters poll. Wholesale food prices in October rose 3.23 percent year-on-year, compared with a 1.99 percent rise a month earlier, the data showed.

This story has not been edited by Firstpost staff and is generated by auto-feed.


Published Date: Nov 14, 2017 12:22 PM | Updated Date: Nov 14, 2017 12:22 PM