Wholesale price inflation in November at 8-month high of 3.93% on rising food and fuel prices

Rise in whole price inflation in November compares with a 3.78 percent increase forecast by economists in a Reuters poll

Reuters December 14, 2017 12:47:14 IST
Wholesale price inflation in November at 8-month high of 3.93% on rising food and fuel prices

New Delhi: India’s annual wholesale price inflation accelerated in November to an eight-month high, driven by faster rises in prices of food and fuel products, government data showed on Thursday.

Annual wholesale price inflation last month increased to 3.93 percent from a year earlier, from a provisional 3.59 percent rise in October.

Wholesale price inflation in November at 8month high of 393 on rising food and fuel prices

Food and fuel inflation has gone up.

The rise compares with a 3.78 percent increase forecast by economists in a Reuters poll.

Wholesale food prices in November rose 4.10 percent year-on-year, compared with a 3.23 percent rise a month earlier, the data showed.

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