Advertisement

BW Businessworld

Wholesale Price Inflation Hits Four-month High In August

The rise compares with a 3.0 per cent increase forecast by economists in a poll and a provisional 1.88 per cent rise in July.

Photo Credit : Reuters,

India's wholesale price inflation rose to 3.24 per cent from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products, data showed.

The rise compares with a 3.0 percent increase forecast by economists in a Reuters poll and a provisional 1.88 percent rise in July.

Wholesale food prices in August rose 4.41 per cent on year, compared with a 2.12 per cent rise a month earlier, government data showed on Thursday.

(Reuters)


Tags assigned to this article:
wholesale price index inflation economy india

sentifi.com

Top themes and market attention on:


Advertisement