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Wholesale Inflation At 8-Month High In November

Faster rises in prices of food and fuel products led to the rise, government data showed.

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Wholesale Inflation At 8-Month High In November

Annual wholesale price inflation last month increased to 3.93% from a year earlier.


New Delhi: The 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 per cent from a year earlier, from a provisional 3.59 per cent rise in October.

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

Wholesale food prices in November rose 4.10 per cent year-on-year, compared with a 3.23 per cent rise a month earlier, the data showed.
© Thomson Reuters 2017


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