India’s wholesale prices rise 3.39% year-on-year in October | business-news | Hindustan Times
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India’s wholesale prices rise 3.39% year-on-year in October

business Updated: Nov 15, 2016 13:28 IST
Indian economy

Last month, wholesale food prices rose 4.34% year-on-year, compared with a provisional 5.75% gain in September.(AFP File Photo)

India’s wholesale prices rose at a slower-than-expected pace in October, gaining 3.39% from a year earlier, government data showed on Tuesday.

The data compared with a 3.75% annual rise forecast by economists in a Reuters poll. In September, prices rose a provisional 3.57%.

Last month, wholesale food prices rose 4.34% year-on-year, compared with a provisional 5.75% gain in September.